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Volt Bank are about to make their debut, but an opening offer of a 2.15 per cent variable interest rate on deposits falls short of the price leadership of fast moving neobanks. read more

The government has re-introduced its mandatory comprehensive credit reporting bill, updating it to include provisions covering financial hardship. read more

Resimac is simplifying its product set, announcing that it will focus on products funded by Resimac itself. It will stop originating non-principally funded loans. read more

ASIC's updated guidance on responsible lending, which is due for release in the next few weeks, will clarify that responsible lending requirements do not apply to loans made predominantly for business.. read more

The biggest risk bankers face over the coming year is protecting customers' privacy and the biggest risk they face over the next five years is climate change, according to a new survey. read more

The former chief executive of Bananacoast Community Credit Union, Lyndon Kingston, is facing criminal charges for dishonest use of his position, providing false information, making a false document an.. read more

Buy now pay later company Openpay launched its initial public offering this week, with a pitch to investors that there is plenty of opportunity for its differentiated product in an increasingly crowde.. read more

The Centre Alliance Party is employing an unusual strategy to put pressure on the government to legislate reforms to the small amount credit contract and consumer leasing markets. It has introduced se.. read more

Regulating digital currencies, winding up the cheque system, more efficient handling of direct debits and system reliability will be key issues in the Reserve Bank's review of the retail payments syst.. read more

Lending to business went into reverse in October, with the latest Reserve Bank data showing a fall in the value of lenders' business loan portfolios for the first time since early 2017. read more