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Mortgage lender Resimac has raised A$500 million of funds through an issue of residential mortgage-backed securities. read more

With several lenders increasing their variable mortgage rates over the past month and increases in fixed rates outnumbering cuts, the home loan interest rate cycle may be turning. read more

The Australian Securities Exchange has been appointed as the new administrator of the bank bill swap rate benchmark. The ASX will take over from the Australian Financial Markets Association in January.. read more

Australian banks have no competitive advantage that will guarantee them success in Asian retail banking markets, ANZ chief executive Shayne Elliott says. read more

The banking industry will face another parliamentary inquiry in the New Year, with the Senate Economics References Committee to look at the adequacy of consumer protection in the industry. read more

Growth in business lending has fallen back to its lowest level in two years, with the annual growth rate now stuck below five per cent. read more

Payday lender Cash Converters estimates that 500,000 of its customers will pay more if the Government implements the recommendations of the Review of Small Amount Credit Contracts. read more

MyState is maintaining the pace of investment in its banking services, with the launch of a new internet banking platform and new mobile banking apps. read more

The Government has accepted the key recommendations of its Review of Small Amount Credit Contracts, setting the scene for a regulatory overhaul of the payday lending and consumer leasing markets. read more

Following the launch of Good Shepherd Microfinance's Financial Inclusion Action Plan initiative last week, two of the big bank participants, Commonwealth Bank and Westpac, have released their FIAPs fo.. read more