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Banks announce new round of rate hikes
by AB
ME Bank has announced a hike in its variable rates by up to 10 basis points and fixed rates are rising by up to 15 basis points, according to the Australian Financial Review
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AMAs crowns Australia’s broker of the year
by Miklos Bolza
The Australian Mortgage Awards were held on Friday night to celebrate the country’s best mortgage and finance professionals
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Weekend wrap: New data dismisses age-old commission conflict
by AB
AFG released extensive data proving broker commissions are not a form of conflicted remuneration; the FBAA is reassuring brokers after ASIC revealed it will be calling on brokers to provide data; and ME Bank announced new foreign investment restrictions
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Non-major bans loans to foreign buyers
by Julia Corderoy
Another lender has announced severe foreign investment restrictions amid growing fears about fraud and money laundering
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Non-major calls for more regulatory action
by Julia Corderoy
Non-major lender reports rise in home loan book, but says there is still a long way to go to level the playing field for Australia’s non-major banks
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Major bank market share surges
by Julia Corderoy
Australia’s biggest home loan lender has seen a further surge in mortgage settlements in 2016