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The government has extended its relaxation of the insolvency rules, despite a call from some industry participants to get the system back to normal. read more

Buy now pay later contender Laybuy will have its shares quoted on the Australian Securities Exchange today, after raising A$80 million from its initial public offering. read more

Lenders were active in the securitisation market last week, with Bluestone and RedZed Lending Solutions completing issues of residential mortgage-backed securities and Liberty Financial pricing a secu.. read more

Large businesses and government enterprises will have to report on payment terms for their small business suppliers, following passage of the Payment Times Reporting Bill 2020 in the Senate last week. read more

The most popular mobile app is Apple Pay, used by 26 per cent of customers. And ‘highly functional digital banking is key to maintaining satisfaction and preventing attrition’, industry consultant JD.. read more

Too many businesses are not paying their bills, and insolvency relief measures are causing a domino effect of failing businesses. read more

Legislation extending JobKeeper arrangements was passed in the Senate yesterday, keeping the stimulus measure in place until March next year. read more

Competition in the home loan market remains strong, but lenders also want to reduce their risk exposure. ME was the rate tiering leader last week. read more

Broker franchise group Mortgage Choice enjoyed a solid pick-up in mortgage settlements in the year to June but not enough to stop its loan book running off, and not enough to drive earnings growth. read more

The proceeds of asset sales pushed Yellow Brick Road back into the black in the 2019/20 financial year, with the company reporting a net profit of $5.9 million. read more