79

In the blizzard of bespoke metrics that makes up an Afterpay financial report, a couple of the more straightforward measures tell the story of the buy now pay later company’s poor performance in the y.. read more

EML Payments chief executive Tom Cregan was at pains yesterday to play down the impact of regulatory action by the Central Bank of Ireland on the company’s European business activities. read more

Trans-Tasman auto finance specialist Money3 has started to show the benefits of its recent acquisition program, with strong growth its loan book, revenue and profit in the year to June. read more

Consumer group Choice has slammed the proposed compensation scheme of last resort, saying the government has failed to deliver on its commitments. read more

Mortgage and asset-backed securities are in demand from institutional investors at the moment, as they look for low-risk sources of above-average yield. And they are growing in popularity with individ.. read more

Commonwealth Bank chief executive Matt Comyn has defended the bank’s increased investment spend, saying CBA’s strong performance in home and business lending is a result of improvements generated by t.. read more

Commonwealth Bank reported net profit of A$8.8 billion for the 12 months to June – an increase of 19.7 per cent over the previous corresponding period. read more

The Treasurer has introduced a bill that removes concessional tax treatment for offshore banking units, with all offshore banking activities to be subject to the company tax rate from the 2023/24 inco.. read more

The Government will make a number of changes to the requirements of the Design and Distribution Obligations, which it says are designed to clarify the law and ensure its application is consistent. read more

The Suncorp Group board has shown its confidence in the continuation of the post-COVID recovery by increasing its dividend payout ratio, declaring a special dividend and launching a share buyback. And.. read more