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Banks deny allegations of cartel conduct
by Reporter • 1 Jun 2018
On Friday (1 June), it was revealed that the Commonwealth Director of Public Prosecutions (CDPP) is preparing to... READ MORE
Analysis: How big are the non-bank lenders?
by James Mitchell • 1 Jun 2018
ABS data for the value of bank and non-bank mortgage lending to owner-occupiers goes back as far as 1975. In October... READ MORE
Tic:Toc boss calls out HEM issues and ‘questionable’ third parties
by James Mitchell • 31 May 2018
With the first weeks of the banking royal commission now behind us, Tic:Toc founder and CEO Anthony Baum believes it... READ MORE
P2P lender increases personal loan limit
by Reporter • 31 May 2018
Wisr, formerly known as DirectMoney, has bumped up its personal loan limit from $35,000 to $50,000, which it said is... READ MORE
Dwelling approvals slip by 5% in April
by Reporter • 30 May 2018
Dwelling approvals dropped by 5 per cent in April to 18,701 in seasonally adjusted terms, according to the latest... READ MORE
Major bank penalties to fund financial literacy
by Reporter • 30 May 2018
The government is set to form a new independent body, overseen by the Financial Literacy Board and chaired by... READ MORE
Royal commission driving customers to different banks
by Reporter • 29 May 2018
A survey of over 1,000 Australians conducted by the association found 32 per cent of Australians are more likely to... READ MORE
Non-major hikes rates
by Reporter • 28 May 2018
In a statement, MyState Bank said that it reviews interest rates in response to a range of factors. These include... READ MORE
Payday lender pays $650k after breaching guidelines
by Reporter • 28 May 2018
An ASIC surveillance found that Cash Converters Personal Finance Pty Ltd (“Cash Converters”) had... READ MORE
HashChing granted $700,000 government loan to create new jobs
by Reporter • 28 May 2018
The loan is expected to help HashChing create 46 new jobs in the next five years.
“The Jobs for NSW Strategic... READ MORE
Non-major’s irresponsible lending revealed by RC
by Reporter • 25 May 2018
Fronting the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry on... READ MORE
Gig economy driving demand for self-employed home loans
by Tas Bindi • 25 May 2018
Homeloans Ltd believes that the demand for its self-employed products, such as FlexiChoice and Accelerate, is driven... READ MORE
ANZ denies wrongdoing at RC
by Reporter • 23 May 2018
Appearing before the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry... READ MORE
Former CBA exec joins marketplace lender
by Reporter • 22 May 2018
Wisr has announced the appointment of Mathew Lu, a former executive manager of retail and credit cards at the... READ MORE
CBA apologises for bank account manipulation
by Reporter • 21 May 2018
Recent media reports had alleged that thousands of children’s Commonwealth Bank Dollarmites accounts had been... READ MORE
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