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Business finance has been the outlier in the lending market this year, growing strongly in the face of concerns about rising inflation and interest rates. read more

The Finance Sector Union has reduced full-time elected positions and cut executive councils, as it adjusts to the loss of 20 per cent of its members over the past five years. read more

Australia’s fintech sector faces a significant challenge accessing capital in the uncertain economic environment, a new survey of the sector found. read more

Corporate credit ratings in Australia and New Zealand have improved over the past 12 months and the outlook for the December is stable, Moody’s reported. read more

Newcastle Permanent Building Society and Greater Bank members have voted in favour of the proposed merger of the two mutuals. read more

The Australian Prudential Regulation Authority has issued a reminder to regulated entities that it has the final say as to whether a capital instrument can be called, and its approval should not be ta.. read more

Austrac has warned of the growth of trade-based money laundering in its latest financial crime guide and put financial institutions on notice that they must be able to deal with this threat. read more

Rental property portal Rent.com.au is pushing ahead with the rollout of its RentPay product, launching a rights issue to raise funds for the ongoing development of the product. read more

Macquarie Group’s banking and financial services division has long been noted for its ability to grow its mortgage portfolio and, to a lesser extent, business loan book at a rate that is many times sy.. read more

Consumer lender Wisr is cutting back its growth plans after having to absorb a very large increase in finance costs in the September quarter. read more