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Warwick Credit Union is grinding towards a placement of a rare "mutual equity interest", once its constitution is amended to cater to this capital instrument. read more

The appeal of contactless payments may be further displacing cash, if the leap in total spending on credit and charge cards reported by the Reserve Bank of Australia for May 2017 is any guide. read more

A 'fee for advice' model in mortgage broking remains on the wish list of the reformers at consumer group CHOICE, with the government's and ASIC's review of commissions in the sector still up for debat.. read more

The Credit and Investments Ombudsman is adapting its campaign to derail the "one stop shop" for financial complaints, taking aim at the exclusion of credit representatives under the government's propo.. read more

Six hundred days later than a grumpy Coleman committee would prefer, NAB on Friday owned up to its latest compliance cock-up in its wealth division. NAB mislead "at least" 150,000 MLC and other wealth.. read more

Marketplace lender SocietyOne yesterday shared key data on its progress across the first half of 2017, and the content and openness is bound to encourage the view that an initial public offering is we.. read more

A merger of Pepper with Latitude, once the consumer finance arm of GE Capital, may inform the interest of private equity firm KKR Credit Advisors and allies in a takeover of Pepper. read more

Private equity giant KKR "is in advanced negotiations to buy listed non-bank lender Pepper Group" via KKR's credit team, the Financial Review reports. read more

The average capital ratio of large internationally active banks continued to rise in the first half of 2016, while the capital shortfall continued to fall, according to the Basel Committee on Banking.. read more

Plans by the South Australian Labor government to enact a secondary levy on select bank liabilities may tank in the upper house of the state's parliament after the South Australian parliamentary Liber.. read more