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Bluestone is the latest lender to complete the mortgage securitisation transaction in a market that continued to function throughout the crisis, with the support of the Australian Office of Financial.. read more

Former Bank of Montreal executive Andrew Irvine has joined National Australia Bank, where he will run the business and private banking division. read more

The ACCC plan for regulating data intermediaries in the open banking market is criticised as being “too rigid and too narrow”. read more

The second allocation of places under the government’s First Home Loan Deposit Scheme will become available this week. read more

A surprising 22 per cent of firms in financial services “don’t know” whether their revenue went up or down over the last year. Serious: this is ABS data. read more

The Council of Financial Regulators has endorsed APRA’s position that banks should use their capital buffers to ensure the continued flow of credit. read more

A growing number of renters are hoping to take advantage of falling dwelling prices by applying for home loans. read more

Finance company FlexiGroup has declared the reorganisation of its buy now pay later products under the humm brand a success, reporting that it has added 380,000 new customers over the past 11 months. read more

AMP is one step closer to what its CEO Francesco De Ferrari calls a “leaner and simpler operating model”, following its announcement yesterday that it has received all regulatory approvals for the sal.. read more

Another pressure point for the banking sector is falling fee income. Last year was the second successive year it has fallen, after steady growth in the past. read more