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Brokerage launches 30-day interest rate tracker

Brokerage launches 30-day interest rate tracker
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My Mortgage Freedom has launched a new alert system that automates monthly interest rate reviews and notifies clients if a better deal can be found on their mortgage.
The Victoria-based mortgage and finance brokerage, headed up by CEO Anthony Alabakov, has developed a new system that automatically reviews their client’s home loan every 30 days and sends them a text if a cheaper interest rate is available to them.
The Rate Tracker system, currently only available to new or existing My Mortgage Freedom clients, has been built by the brokerage and utilises open banking technology and its own data aggregation technology to automate ongoing reviews and interest rate management. ....

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ACCC to 'follow through' on home loan inquiry - Mortgage Business

ACCC to 'follow through' on home loan inquiry - Mortgage Business
mortgagebusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagebusiness.com.au Daily Mail and Mail on Sunday newspapers.

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ACCC 2021 Compliance and Enforcement Priorities

Introduction
Economics is in essence concerned with how we grow the pie , and how we divide the pie . The importance of the latter has for a number of economists waned in recent years, which is unfortunate.
The ACCC does not directly target economic growth or inequality, but our work has important implications for both. For example, a lack of competition will see less investment, innovation and lower productivity. Unchallenged economic rents, of course, favour those who benefit from them at the cost of those who do not.
These points are more important than ever with the continuing effect of and recovery from COVID-19. ....

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