humm keeps the better business

hummgroup has provided a “sneak peak” of what its business will look like if the deal to sell its consumer business to Latitude goes ahead and it becomes a specialist commercial finance business – and.. read more

Bill restores licensing exemptions

A bill before Parliament will, if passed, restore and extend licensing relief for foreign financial services companies dealing with Australian investors. read more

Open banking an audit tool

Audit, tax and advisory firm Grant Thornton has developed an open banking application to create efficiencies in its audit practice, using it to get access to clients' banking data. read more

QuickFee losses blow out

Specialist lender QuickFee suffered a heavy loss in the six months to December as it poured money into what it hopes will be the future growth of the business. read more

Money3 looks to maintain strong growth

On the back of a 56.3 per cent increase in loan originations, automotive finance specialist Money3 reported a 34.5 per cent increase in revenue in the six months to December and a 29.6 per cent increa.. read more

ANZ restructures home loan portfolio

ANZ will stop selling its Breakfree home loan package and is removing a number of home loan fees, as it works to revive its underperforming mortgage business. read more

Westpac completes buyback

Westpac has completed its A$3.5 billion off-market share buyback but not before the bank’s falling share price forced it to improve the offer by changing the buyback tender discount range. read more

First Home Super Saver upgraded

The First Home Super Saver Scheme has been amended to increase the amount of superannuation savings that can be put to the purchase of a first home from A$30,000 to $50,000. read more