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A Treasury discussion paper on options for regulating screen scraping makes clear that, in a period of heightened concern about online scams and fraud, the controversial data sharing technology will n.. read more

ASIC has written to lenders calling on them to make sure they provide appropriate support for customers experiencing financial hardship. read more

Zip Co sought to assure investors at its 2022/23 results briefing yesterday that it has sufficient cash in reserve to get it to a positive cash flow position, despite its heavy cash outflow during the.. read more

Yellow Brick Road reduced the net present value of its future trail commissions by A$4.3 million to reflect higher run-off rates in its loan book and a further $1.3 million to reflect changes to its “.. read more

The government has released draft amendments to the Consumer Data Right rules, extending the scheme to cover the non-bank lending sector. read more

After sitting at record low numbers for the past couple of years, personal insolvency numbers are starting to return to long-term average levels. read more

Beforepay chief executive James Twiss says the pay advance company had a “transformational” year in 2022/23 and is now at the point of producing “sustainable profitability”. read more

The decline in mortgage market activity in the 2022/23 financial year, combined with the deterioration in the competitive positive of non-bank lenders, made it a tough year for mortgage aggregator and.. read more

Buy now pay later company Splitit continued to rack up losses in the June half but it moved to reassure the market that it has the continuing support of its lender and its major shareholders. read more

A lower rate of mortgage lending at high LVRs, reduced first home buyer activity and the expansion of the government’s Home Guarantee Scheme all contributed to a fall in new business for lenders mortg.. read more