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Former CBA exec launches brokerage


Mortgage Business
Former CBA exec launches brokerage
By Sarah Simpkins
05 August 2021
True Savings, a new online brokerage headed by former CBA executive Pete Steel, has entered the Australian mortgage market.
Mr Steel, former CBA chief digital officer, has taken the lead as chief executive and founder of the new platform, which offers ongoing automated assessments of users’ mortgages and remote broker advice.
After 16 years with the big four bank, he told Mortgage Business that he had a “big itch”, watching customers struggle with the complexity of home loans.
“The whole time, I could see that banks, they put people in homes, which is wonderful, but they don’t really focus on helping those customers save on their home loan year after year. That’s how they make money, by excess margin there, ....

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Included, but still marginalised: Indigenous voices still missing in media stories on Indigenous affairs


Since the British invasion of Gadigal land at Sydney Cove in 1788, race relations in Australia have been underscored by what Wiradjuri writer Jack Gibson describes as the “supremeness of whiteness”.
Narratives of Indigenous inferiority and deficiency, combined with paternalistic policies, have produced a cultural climate where non-Indigenous voices have often dominated debate on matters of concern and importance to Indigenous communities.
However, in recent years, Indigenous journalists and storytellers have sought to change this.
The Uluru Statement From the Heart calls for a process of truth-telling. And as the Black Lives Matter movement has grown, some media organisations are recognising the need to deal with their histories of racist representations. In 2020, for example, the Stuff Group in New Zealand apologised for its racist and exclusionary depictions of Māori over decades. ....

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