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Most Australian small and medium businesses have moved to shore up their funding needs by entering a second lending relationship. read more

Melbourne has bucked the housing affordability trend, at least by some measures, with the time to save a deposit and value-to-income ratio for the city both below long-term averages. read more

Payment terminal supplier Smartpay enjoyed strong growth in revenue during the September half-year as a result of its successful campaign to increase its terminal base in Australia, but higher operati.. read more

Electronic conveyancing company PEXA is not giving up its monopoly without a fight, arguing at an investor presentation yesterday that interoperability in the e-conveyancing market is a “complex and c.. read more

Westpac has completed the bookbuild for its latest issue of additional tier 1 securities, pricing the issue at a wider margin than the margins on recent issues by NAB and ANZ. read more

Lenders’ compliance with their hardship obligations will come under greater scrutiny next year after ASIC added it to its list of enforcement priorities. read more

ANZ’s approach to building its new ANZ Plus digital home loan, which was launched yesterday, was to look for external providers with market leading components and engineer parts of the platform itself.. read more

A Bankruptcy Act amendment that passed both houses of parliament last week will deliver certainty for creditors on the calculation of discharge dates by validating an administrative process of the Aus.. read more

For first time ASIC has opened consultation on an industry code before approving it, and there is plenty for interested parties to get their teeth into. read more

The Australian Accounting Standards Board has been given the power to develop sustainability standards for financial reporting, following the passage of an amendment to the ASIC Act. read more