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Further acquisitions on roadmap as Cinedigm closes direct offering

Mutuals continue to see strong growth

Mortgage Business Mutuals continue to see strong growth By Sarah Buckley 09 February 2021 Customer-owned banks have continued to record high levels of mortgage growth, with the sector’s average increase in loan growth outpacing that of ADIs as a whole. According to analysis of APRA data by the Customer Owned Banking Association (COBA), the member-owned bank saw a surge in home loan growth in the September quarter 2020. COBA has outlined that while the authorised deposit-taking institutions (ADIs) saw mortgage growth rise by 0.57 per cent in the September quarter (on value terms), the increase was much higher when looking at customer-owned banks in isolation.

How a single mother paid off $145,000 of debt in 5 years

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