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Hot Property: The biggest property headlines from the week 22-26 February subscribe Reporter Reporter A A The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 26 February. Welcome to The Adviser’s weekly round-up of the headline stories and news that’s important not only for the real estate sector, but also for the state of property in Australia more broadly. To compile this list, not only do we consider the week’s most-read stories and the news that matters to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape. ....
Hot Property: The biggest stories this week 21 25 February 2021 ASX announcements, Facebook’s war on news and rising real estate trends: Here are the biggest stories from the property sector for the week ending 28 February 2021. Welcome to REB’s weekly round-up of the headline stories and news that’s important not only for the real estate sector, but also for the state of property in Australia more broadly. To compile this list, not only do we consider the week’s most-read stories and the news that matters to you, but we curate it to include stories from our sister brands that also have an impact on the Australian property landscape. ....
SYDNEY: Bank of Queensland Ltd (BoQ) will buy ME Bank, a digital lender owned by 26 industry pension funds, for A$1.33bil (US$1.05bil), the pair said, as the second-tier lender chips away at the lead of Australia’s “Big Four” banks. The deal will double the size of the Brisbane-based regional bank’s retail arm, taking deposits to more than A$56bil, and boost the division’s contribution to earnings to more than 50% from 36%, BoQ said. Even with the deal, BoQ will still lag far behind the Big Four banks, which control about three-quarters of the lending market and have glided through the pandemic better than some of their international peers. ....
Bank of Queensland Ltd will buy ME Bank, a digital lender owned by 26 industry pension funds, for A$1.33 billion ($1.05 billion), the pair said on Monday, as the second-tier lender chips away at the lead of Australia's "Big Four" banks. ....