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Retirement income specialist Challenger Ltd has announced plans to establish a non-bank lending business in a joint venture with its new US shareholder, alternative asset manager Apollo Global Managem.. read more

MA Financial Group plans to use its A$145 million acquisition of mortgage aggregator Finsure, which was completed earlier this month, as the platform for a much bigger presence in the mortgage market. read more

Mortgage lenders continue to cut variable rates, despite growing speculation that they will start to push variable rates up in response to higher funding costs and in anticipation of a change in the o.. read more

The government has launched another review of the Consumer Data Right, which will look at the extent to which implementation of the CDR framework supports the policy objectives set when the scheme was.. read more

The costs and restrictions involved in the Central Bank of Ireland’s intervention in EML Payments could not have come at a worse time for a company absorbing high acquisition and restructuring costs. read more

The Senate Economics Legislation Committee has released the results of its inquiry into two Hayne-related bills recommending that the bills be passed without amendment. read more

Business credit demand picked up in the December quarter, but there are still plenty of COVID-related mixed signals in the data. read more

Australian Finance Group has completed the first issue of residential mortgage-backed securities for the year, pricing a A$450 million non-conforming deal at margins as low as 60 basis points. read more

The Australian Banking Association has called on territory, state and federal governments to co-ordinate their efforts to protect financial abuse with the implementation of a suite of reforms. read more

Fixed income market researcher BondAdviser has questioned whether the restrictions on the distribution of hybrid securities, prompted by the new Design and Distribution Obligation, will actually provi.. read more