I would love to be a fly on the wall in the APRA offices each time Novatti launches a new product or makes an acquisition, do you think each time the business expands its activities this requires another level of review by APRA hence extending the bank licence application?
Have a look at the two business that have been issued RADI's since applications reopened they are very specific entities providing lending services only can't help but think each time Novatti moves the goal posts APRA needs to have a look at things in more detail again.
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