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Anti-money laundering watchdog Austrac has received a funding boost in the budget. It has been allocated an additional A$104.9 million over the next four years, with the cost to be recovered via an in.. read more

Fintech Douugh Ltd made its debut on the ASX yesterday and used the occasion to detail its product release plans for Australia and the United States. read more

HSBC Bank Australia is making its ‘green products’ and sustainability-linked loans available to a wider range of commercial customers, saying it is responding to growing demand. read more

Nine of the top 10 regions for mortgage deferrals are in Queensland tourist destinations, according to an Equifax report. read more

The Consumer Data Right passed two milestones last week, when small ADIs made data available on the system for the first time and the regulator amended the scheme rules allow intermediaries to collect.. read more

Debt buyer Collection House has missed the September 30 deadline for refinancing its debt, announcing yesterday that its lenders, Commonwealth Bank and Westpac, have agreed to extend the standstill pe.. read more

Westpac has dropped its American Express companion card from its credit card portfolio – the last of the big banks to do so. read more

BOQ seems unlikely to declare a dividend when it reports its full year results in two weeks. The bank announced that it will include an impairment expense of $175 million in its accounts for the year.. read more

Bank of Queensland’s consumer banking subsidiary Virgin Money Australia has signed up global rewards program specialist Ascenda to develop a “market-leading” loyalty program. read more

Consumer finance company MoneyMe has established a new warehouse funding facility, which it says will reduce its funding costs by more than half. read more