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Small business lender Lumi has received a significant funding boost, securing a new $40 million warehouse facility funded by NAB and Alexander Funds Management. read more

ING Australia has added 11 basis points to the interest rate on owner occupier mortgages with loan-to-valuation ratios above 90 per cent. read more

The Term Funding Facility will not be extended beyond June, Reserve Bank governor Philip Lowe has confirmed. read more

The highest rate of growth in lending to first home buyers since 2009 is bound to spell trouble. read more

Commonwealth Bank is applying for accreditation as a data recipient under the Consumer Data Right, betting that open banking will be just as big an opportunity for big banks as fintechs. read more

ANZ has written to brokers clarifying its treatment of buy now pay later arrangements in loan serviceability assessments. read more

Finance company Brighte Capital has followed up its A$190 million debut issue of asset-backed securities in October with $100 million of funding that will be used to develop what it is calling a “gen-.. read more

The increasing use of warehouse facilities and securitisation to fund non-bank lenders has led to the emergence of warehouse funding as an investor asset class, with managed funds catering to investor.. read more

Pepper Group has completed its fifth public transaction in the securitisation market this year, raising a total of A$4.2 billion. It is a record amount of issuance for the company in a year that at on.. read more

NAB will sell its New Zealand life insurance business, BNZ Life, to NZ life insurer Partners Life. read more