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After an extended lull following the announcement of Suncorp’s agreement to sell its bank to ANZ in July, the sale process will start to move forward in the next few weeks. read more

Leading open banking participant Frollo has released a report on the scheme that backs up the finding of an earlier review that open banking suffers from data quality issues. read more

NAB has identified A$9.7 billion of home loans in its Australian mortgage portfolio and $8.5 billion of business loans as higher risk. read more

ASIC has placed a stop order on a prospectus from a lender seeking funds through an issue of preference shares, concerned at deficiencies in its target market determination. read more

Westpac has abandoned the target it set last year to bring its operating expenses down to A$8 billion a year by the 2023/24 financial year. read more

The average rate on at-call deposits, which account for the bulk of deposits, has increased by around half the increase in the cash rate over the past six months, the Reserve Bank has calculated. read more

ANZ has downgraded the benefit to customers under Cashrewards. read more

The value of new housing finance commitments has fallen for the fourth month in a row, with the rate of decline accelerating. read more

Data services company 9Spokes has announced that it will delist from the Australian Securities Exchange, citing the high costs associated with listing, the illiquidity of its stock and its inability t.. read more

With the monetary policy tightening cycle entering its seventh month, more mortgage lenders are opting not to pass on the full cash rate increase. read more