Lockdowns push card debt into decline 08 October 2021 6:32AM The first two months of Delta lockdowns have stifled credit card activity in an already 'battered' segment. read more
Novatti raises $10m for a banking licence 08 October 2021 6:29AM Ambitious fintech Novatti has closed the Series A funding round for its new banking business after raising A$10.5m from investors. It now needs regulatory approval for the new business before the end.. read more
Suncorp sets course for a simpler future 24 September 2021 5:30AM A strong annual profit and a strong call for action on climate change saw the Suncorp AGM pass uneventfully, followed by the launch of a $250 million share buyback. read more
King holds off pollies on Westpac's shortcomings 10 September 2021 7:36AM Westpac chief executive Peter King has come through another series of half-yearly questions from the House of Representatives Economics Committee without incident. read more
Cash-rich Novatti waits for banking licence 30 July 2021 5:41AM Novatti expects a restricted banking licence will be finalised in the next few months. read more
SME lender Tradeplus24 raises $225m 29 July 2021 5:57AM Ambitious line of credit provider Tradeplus24 has banked $25 million from a "pre-series B" equity raise with promise of a further $200 million in debt. read more
ASIC moves on ME Bank, AMP in Fed Court 28 May 2021 5:29AM ASIC has filed charges against Members Equity Bank Limited in the Federal Court, alleging the bank made false or misleading statements. The corporate regulator is also taking action against AMP in the.. read more
Zip expands in Europe and the Middle East 25 May 2021 6:17AM Buy now pay later provider Zip Co will buy the outstanding shares in two overseas BNPL companies in which it already has investments. read more
Fitch re-rates Macquarie 'stable' 20 May 2021 3:56AM Fitch Ratings has revised its outlook on Macquarie Group Limited and its Australian subsidiaries upwards from 'negative' to 'stable'. read more
Senators push for a crypto-friendly Australia 20 May 2021 3:44AM A Senate committee will examine the "relative sophistication" of Australia's regulations of cryptocurrencies and digital assets, compared to approaches taken in similar jurisdictions, among a raft of.. read more