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The privately owned Allied Credit is marketing the first term securitisation in Australia to be backed by motorcycle and marine receivables. read more

The recovery for Australia's banks will be "a drawn-out affair" as they struggle to regain pre-COVID earnings metrics, even as credit losses recede, S&P has warned. read more

Ambitious non-bank lender Mortgage House has priced its second RMBS deal in as many years, raising around A$400 million to fund further loan activities. read more

Financial institutions and other entities that have relied on LIBOR and similar interest rate benchmarks for pricing loans and derivatives should already be transitioning to alternative risk-free rate.. read more

Lenders were active in the securitisation market last week, with Bluestone and RedZed Lending Solutions completing issues of residential mortgage-backed securities and Liberty Financial pricing a secu.. read more

Aspiring digital bank Novatti has averaged 50 per cent annual revenue growth for each of the last three years, but is yet to make a profit. read more

Small business lender Prospa has seen its profitability crimped by the COVID-19 economic shutdown. read more

Wisr has reported record loan origination and operating revenue. read more

A writedown on the carrying value of the ASX's stake in Yieldbroker, an OTC rates trading platform, take the shine off a 9% bump in profit for the exchange amid surging trading volumes. read more

The Insurance Council of Australia has launched proceedings in the NSW Supreme Court to test the limits of infectious diseases exclusions in business interruption policies. read more