QuickFee CEO makes a rapid exit

After announcing the resignation of chief executive Eric Lookhoff early last week, specialist lender QuickFee followed up with news on Friday that Lookhoff, who was to serve a four-month notice period.. read more

Pioneer issues downgrade

Debt buyer Pioneer Credit has issued an earnings downgrade, saying “liquidations” (collections) of A$106.7 million in the year to June were below what it has previously forecast, and it will report a.. read more

ASIC switches to DDO compliance mode

ASIC has used its stop order powers under the Design and Distribution Obligation for the first time, ordering three firms to stop issuing their investment products. read more

Comment: King dodges CORE accountability

Westpac chief executive Peter King has provided a wholly inadequate response to Promontory Australia’s decision to change the status of the bank’s CORE program from “green” to “amber” following its re.. read more