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Two ex-big four executives have teamed up to launch a new non-bank lender, targeting older Australians who want to help their children enter the property market. Former Westpac chief executive Brian
Investors responded favourably to the retailing giant’s trading update, sending its shares higher and powering the consumer discretionary sector.
The start-up’s brokers hope to pull off an end-of-year miracle by convincing clients to buy a loss-making payday lender facing a multitude of existential threats.