CEFC backs Angle EV auto finance 11 March 2024 3:26AM The Clean Energy Finance Corporation has committed to its latest green funding initiative, investing up to A$50 million in an Angle Auto Finance warehouse that will fund vehicle dealerships that incre.. read more
Mortgage market takes a breather 08 March 2024 4:37AM After recovering in the second half of last year, demand for home loan finance has fallen away again over the past two months. read more
Credit card holders pay down their balances 08 March 2024 4:33AM Spending on credit and charge cards increased ahead of overall household spending over the past year but card users have their consumer debt under control, with balances accruing interest coming down. read more
'Utterly crushing' loan rate ruled unconscionable 08 March 2024 4:30AM A court has found that a short-term commercial loan with a compounding interest rate of more than 70 per cent a year was unconscionable - “utterly crushing” for the borrower and far in excess of what.. read more
Deposit gap funder in administration 07 March 2024 5:51AM A start-up promising to help home buyers bridge the deposit gap has gone into administration, just months after launching its loan. read more
CDR 'not a viable alternative' to screen scraping 06 March 2024 3:54AM While the financial services industry waits for Treasury to complete its review of screen scraping, a lender has weighed into the debate saying consumer data available through the Consumer Data Right.. read more
Shakeout in the debt collection market 06 March 2024 3:43AM Rationalisation of the debt buying and collection market is providing a fillip for those still operating in a sector that has been hit by weak business conditions over the past couple of years. read more
B4P goes B2B 05 March 2024 5:38AM Pay advance company Beforepay is looking to expand, announcing the launch a B2B business that will provide its lending technology and risk models to third parties. read more
Mortgage lenders still looking to 'stand out in the crowd' 05 March 2024 5:36AM The latest home loan pricing data suggest lenders are still jostling to win business. read more
Fintech technically insolvent 04 March 2024 3:55AM Douugh’s December half financial report reveals the fintech is technically insolvent. read more