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Payments company Novatti has acquired a rival payments processing company, Emersion. read more

The banking industry is changing its credit reporting protocol as part of its COVID-19 response. read more

Lenders reacted very differently to the two cash rate cuts the Reserve Bank announced last month. Following the first cash rate reduction, 70 lenders passed on the full 25 basis point reduction to the.. read more

Lenders have started to advise investors that they can expect to see an increase in arrears. read more

The limit for contactless payments is being increased from A$100 to $200 to help reduce the risk of COVID-19 transmission by physical contact with payment terminals. read more

The Reserve Bank of New Zealand has reached an agreement with the county's banks that they will not pay dividends on ordinary shares "until further notice". read more

Commonwealth Bank has added to its customer support measures, offering a one-time payment to all customers who are receiving a home loan repayment deferral. read more

Metrics Credit Partners, which manages two ASX-listed credit funds and originates its own corporate loans, has reported that some of its borrowers are seeking to defer interest payments until their op.. read more

The Reserve Bank bought A$21 billion of government bonds between March 20 and March 27 and had a material impact on yields, according to analysis of the quantitative easing program the central bank an.. read more

The Structured Finance Support Fund will operate in primary and secondary markets for term securitisation programs, as well as new and existing warehouses, the Australian Office of Financial Managemen.. read more