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Top rates on longer-dated term deposits came down last month and while there was mix of increases and decreases in at-call rates, some of the cuts were applied to products offering high rates. read more

Attorney-General Mark Dreyfus has marked the 10-year anniversary of the introduction of Australia’s comprehensive consumer credit reporting system by calling for a review of the scheme to see if it re.. read more

Pepper Money suffered record mortgage book attrition in 2023, at 43.8 per cent, as the intense competitive in the market exposed its relatively high funding costs. read more

After several years of investing in diversification, Australian Finance Group is back playing to its strengths with a focus firmly on its core broker aggregation business. read more

A bill to establish a national shared equity scheme for low and middle income earners looking to buy a home was passed in the House of Representatives this week, but it may face a tougher passage in t.. read more

Around one-third of home loan borrowers are at risk of mortgage stress, according to new research. read more

Product development is back on the agenda at a more growth-focused Zip Co, following the company’s success in turning its fortunes around over the past year. read more

Heartland Group’s Australian reverse mortgage book grew strongly in the December half, as an ageing population turned increasingly to equity release to top up retirement incomes.  read more

Personal insolvencies numbers rose in 2023 but are still nowhere near pre-COVID levels, new figures show. read more

After a combination of a decline in its loan book and a sharp fall in its margin hit Auswide Bank’s bottom line hard in the December half, the bank is looking forward a return to growth and a more sta.. read more