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EML Payments has been forced to “remove” European clients to meet growth restrictions imposed by the Central Bank of Ireland. read more

Former Reserve Bank governor Glenn Stevens will take over as chair of Macquarie Group and Macquarie Bank next year, replacing Peter Warne. read more

Australian Finance Group has acquired a 70 per cent holding in mortgage software business BrokerEngine, which provides a broker workflow platform. read more

Broker originated loans made up two-thirds of all new residential mortgages settled in the September quarter – a record for the mortgage broking industry. read more

Rate cutting in the term deposit market may be coming to an end, with a growing number of deposit takers increasing rates last month, especially for longer terms. read more

After four years of consultation APRA has finalised its new bank capital prudential framework, which will take effect on 1 January 2023. Higher capital buffers are the key changes detailed in the info.. read more

Payment terminal supplier Smartpay increased revenue in the September half-year, despite the recent COVID lockdown impacting the size of its Australian terminal fleet. read more

Four in 10 small businesses and two in 10 medium businesses that applied for finance this year were knocked back, according to new report. read more

The mortgage market realignment continued last week as several lenders cut variable rates and an even larger number increased fixed rates. read more

ANZ has conceded that transition planning to achieve climate targets in its portfolio may mean higher emissions intensity in the short term. read more