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Women in the financial services face one of the highest pay gaps of any industry in Australia, according to the Workplace Gender Equality Agency’s latest gender pay gap study. read more

Butn non-executive director Mike Hirst has resigned from the board, citing other commitments. He was the last remaining non-executive director on the SME finance company’s board. read more

The government has appointed Jo-Anne Bloch to chair the board of the Compensation Scheme of Last Resort, which will start accepting claims for compensation from April 2. read more

SME finance company Earlypay reported strong demand for invoice finance, as businesses look for ways to overcome cash flow problems, but it is being much more selective in the face of deteriorating cr.. read more

Payments company QuickFee enjoyed substantial growth in its lending division in the December 2023 half, driving higher revenue and margins. read more

Finance company Solvar is changing its credit risk profile, raising the minimum credit acceptance criteria for new customers and focusing growth on its prime and low-risk Australian loan book. read more

Investors continue to shrug off rising home loan arrears, subscribing for mortgage securities at narrower margins since the start of the year. read more

Consumer finance company Wisr’s move to moderate loan origination to focus on profitability and balance sheet strength had mixed results in the December 2023 half. read more

Finance company humm remains in a rebuilding phase, with the rationalisation of its product set that started a couple of years ago yet to be completed and a number of initiatives designed to revitalis.. read more

Afterpay customers have been hit with late fee notifications after a systems failure resulted in direct debit transactions not being processed by the company. read more