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AFG's home loans division, which provides AFG branded loans funded by third parties and AFG Securities, is on track to overtake the company's traditional wholesale mortgage broking (aggregation) divis.. read more

Yellow Brick Road booked a $6.9 million net gain from its sale of its 50 per cent share of Smarter Money Investments in its December half financial report, allowing the company to report a net profit.. read more

The Mortgage Choice broker franchise network continued to shrink during the December half. The company finished the year with 386 franchises - down from 391 last July and 449 in July 2018. read more

The Australian Prudential Regulation Authority has called on banks and other ADIs to have their stress testing frameworks independently reviewed. The regulator plans to increase the frequency and dept.. read more

Payments company Tyro, which raised $300 million from its initial public offering last December, produced revenue growth in line with its prospectus forecast in the December half. read more

Mortgage brokers will be required to make a "holistic" assessment of other credit products packaged with a home loan in meeting the new best interests duty. read more

Auswide Bank has reported strong growth in its loan book and its margin in the December half, thanks in part to its rugby connections. read more

A big increase in revenue was offset by an even bigger rise in costs at payments company EML, which went on an overseas acquisition spree last year. read more

The government has set out to address widespread concern that there is no robust or consistent data on the number of powers of attorney in existence or the number being created, amended or revoked at.. read more

Construction firm failures contributed to a rise in the number of company insolvencies over the last financial year, breaking a run of steady falls since 2016. read more