Heartland completes StockCo acquisition 02 June 2022 5:50AM Heartland Group has completed its acquisition of StockCo Australia, marking its entry into the local rural finance market. read more
Laybuy looks for a ‘strategic investor’ 01 June 2022 6:13AM Buy now pay later company Laybuy has appointed adviser NOR Capital to help it work through options to put its business on a more secure footing, as it reports mounting losses and questions about its a.. read more
Smartpay back in the black 01 June 2022 6:12AM Smartpay’s decision to double its marketing budget, using digital and social media channels for lead generation in Australia, has paid dividends for the payment terminal operator, which reported stron.. read more
Brokers dominate home loan sales 01 June 2022 6:08AM Brokers continue to grow their share of the mortgage market, writing 69.5 per cent of all new residential housing loans in the March quarter. read more
humm consumer finance unprofitable, board says 31 May 2022 6:34AM The humm group board has followed up the release earlier this month of an explanatory booklet detailing the proposed sale of its consumer finance business to Latitude Financial Services, issuing a sta.. read more
AFCA finalises new funding model 31 May 2022 6:32AM The Australian Financial Complaints Authority has finalised a new funding model that will result in significant number of its members paying lower fees under a user-pays approach. read more
Rental cost increases outpace mortgage costs 26 May 2022 5:20AM More Australian households are renting and the cost of renting is rising faster than the cost of owning, according to new Australian Bureau of Statistics figures. read more
BNPL web traffic in decline 24 May 2022 4:56AM Buy now pay later consumer web traffic has been moderating since the middle of last year and turned negative in March, according to new research. read more
RBA to take no action on ES balances 24 May 2022 4:55AM When the Reserve Bank increased the cash rate target to 35 basis points earlier this month, the interbank overnight cash rate rose to 31 bps in response and that is where it has stayed. read more
Resimac includes social bond in latest RMBS 24 May 2022 4:50AM Resimac’s latest issue of residential mortgage-backed securities includes a “social bond” that will be used to provide loans to first home buyers in under-served communities. read more