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More than half of the people who took out a personal loan over the past 10 years were borrowing to buy a car. read more

When the world’s “mission-aligned” banks came together at COP26 last month to outline their role in the transition to net zero, only two Australian banks were involved. read more

The Banking Code Compliance Committee should start naming banks in its reports on compliance with Banking Code of Practice obligations. read more

The major banks have taken steps to limit funds deposited into ATMs, as part of a project with Austrac to crack down on money laundering. read more

Rising broker share of mortgage originations and the growing presence of brokers in the commercial finance market have changed the outlook for the sector and triggered a wave of acquisitions in the br.. read more

There are several important pieces of financial services legislation that may lapse when the current Parliament is dissolved, including a couple of highly controversial bills. read more

Westpac has changed the terms of its share buyback, extending the closing date and changing the discount range. read more

ASIC is revisiting its highly contested product intervention power for the first time since the law was amended to clear up ambiguity in the intervention provisions in the Corporations Act and the Nat.. read more

The Australian government will bolster the Home Guarantee Scheme by reissuing 4651 unused guarantees for first home buyers from the 2020/21 financial year. read more

New owner occupier housing finance commitments fell 4.1 per cent in October, the fifth consecutive month that new lending to home buyers has fallen. read more