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EML Payments plunged to a loss in the year to June, as costs associated with a number of acquisitions it made last year more than offset revenue gains. read more

Not many businesses want to borrow, the RBA says. And in this time of feeble credit demand, more than a quarter of businesses that have applied for finance over the past three months have been knocked.. read more

Westpac takes a forward looking approach to provisions and the deferred debt bomb. read more

Firefighters Credit Co-operative and Teachers Mutual Bank have announced plans to merge. read more

Payment card fraud fell sharply in Australia last year and is at its lowest level in five years, according to the latest industry research. read more

Property investment company and equity release provider DomaCom has received advice from the Australian Taxation Office that the proceeds from “part disposal” of a home can be used to make a superannu.. read more

The Australian Competition and Consumer Commission has given banks approval to continue co-ordinating their COVID-19 support measures. read more

The Australian Securitisation Forum has released the key features of the fSPV, which the AOFM will use to fund missed interest payments of loans directly affected by COVID-19. read more

Financial sector debt market issuance is down in a system awash with liquidity and interest rates headed for zero. read more

AMP chief executive Francesco de Ferrari says the group’s banking division is on track to complete its platform upgrade by the end of this year, when it will be more closely integrated into the Austra.. read more