62

After more than two years when COVID-related lender forbearance cut off the supply of delinquent debt to debt buyers and collectors, the tap has been turned back on. read more

Former Reserve Bank governor Ian Macfarlane believes inflation is unlikely to settle back into its 2 to 3 per cent target range in the foreseeable future and a rate of 4 or 5 per cent in the medium te.. read more

Australia’s private credit market is growing at more than 20 per cent a year and attracting a range of new participants. read more

Big banks are tightening lending standards in the face of higher rates and falling property values, with ANZ and NAB cutting their debt-to-income limits. read more

A payday lender that charged “amendment fees” for deferring repayments has been taken to court by ASIC, which alleges that it charged a prohibited fee. read more

Credit Union SA, Illawarra Credit Union, IMB Bank, Newcastle Permanent Building Society and Unity Bank will join the Home Guarantee Scheme on an expanded lender panel from July 1. read more

Bank of Queensland, Bendigo and Adelaide Bank and Westpac all feature on a list of ASX-listed companies with high franking account balances. read more

Losses through investment scams have risen sharply so far this year and cryptocurrencies are involved in the majority of those losses. read more

An updated ePayments Code take effect this month, with changes to the way signatories must handle compliance monitoring and data collection, mistaken internet payments, unauthorised transactions and c.. read more

humm group director and 20 per cent shareholder Andrew Abercrombie has stepped up his efforts to stop the sale of the company’s consumer finance business to Latitude Financial Services. read more