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Branch closures during the 2020/21 financial year have not had any impact on MyState Ltd’s ability to source new business. read more

Following the winding-up of the Reserve Bank’s term funding facility at the end of June, the big banks have become active in the capital markets again. read more

Mortgage lender Thinktank has completed its inaugural issue of prime residential mortgage-backed securities, raising A$500 million of funds. read more

humm group’s efforts to scale up in the buy now pay later market have produced a significant increase in volume from its expanded product range and new partnerships, but revenue is falling as it cuts.. read more

A proposed court enforceable undertaking, offered by the parties involved in a planned merger of local payments service providers, has not persuaded industry participants to change their minds about t.. read more

The Federal Court has identified several terms in standard form small business loan contracts issued by Bank of Queensland as unfair. read more

A feature of Australia’s COVID experience last year was an increase in the amount of households savings, and that has continued this year. read more

Australia’s open banking system took a big step forward on July 1, when non-major ADIs were required join the big banks in making their consumer data available to customers and their accredited data r.. read more

A banking oversight body has expressed concern about banks’ failure to consistently make full disclosure of key information to guarantors, a dereliction it says is linked to poor record keeping practi.. read more

FSA Group, which specialises in providing services to people who want to enter into payment arrangements with their creditors, has suffered a big drop-off in business as a result of government and fin.. read more