Westpac’s Millennial pitch 09 July 2020 6:55AM Westpac is making a push for the youth dollar, with a bonus savings rate offer of 3 per cent for people under 30. read more
Afterpay sells the long-term vision, while the founders take short-term gains 08 July 2020 6:29AM Despite big growth in customer, merchant and transaction numbers over the past year, Afterpay will report weaker underlying earnings for the 2019/20 year. read more
Broker business booms 08 July 2020 6:28AM Mortgage aggregator AFG has reported a big pick-up in business during the June quarter, as borrowers looked for assistance in negotiating a volatile mortgage market. read more
Afterpay dips its toe in the rewards pool 07 July 2020 5:59AM Afterpay and Qantas Frequent Flyer have formed a partnership that will allow QFF members to earn points on Afterpay transactions. read more
Corporate loan market holding up, says Metrics 07 July 2020 5:54AM Corporate loan originator Metrics Credit Partners has added to its suite of funds with the launch of an unlisted retail debt fund, reporting that it has no loan arrears and has made no provisions. read more
NeRF gets Feds on board the NPP 06 July 2020 6:08AM The New Payments Platform is getting around to speeding up payments by government agencies. read more
Banks top the complaints table 03 July 2020 6:16AM Banks accounted for 35 per cent of the 80,546 complaints to the Australian Financial Complaints Authority last financial year, and 43 per cent of all complaints related to credit. read more
Funders keep faith with small lenders 03 July 2020 6:12AM Two small lenders have reported that their funders have either renewed or extended their facilities, in a vote of confidence for specialist credit providers in the local market. read more
Deposit rate cutting rolls on 03 July 2020 6:10AM The best ongoing savings rate is 1.65 per cent, which Volt Bank is offering in “beta”. The top ongoing bonus rate is 1.85 per cent, offered by three banks - 86 400, Bank of Queensland and Up. read more
NAB to hire financial advisers (you read that right) 03 July 2020 6:09AM The big banks are getting out of financial planning but at least one segment of that market remains attractive. NAB is hiring advisers to work with high net wealth clients. read more