Butn keeps the focus on growth

Unlike other business and consumer lenders that put the brakes on their originations over the past year, finance company Butn continued to push for growth. read more

Australian corporate credit quality stable

Moody’s Investors Service has released its latest credit trends report for Asia Pacific, saying the ratings outlook for non-financial corporates in the region and Australia is stable. read more

Mortgage market remains subdued

The value of new housing loan commitments fell 1 per cent in June, compared with the previous month. This follows a fall of 4.8 per cent in May. read more

Lenders feel the pinch

Small business and consumer finance companies are struggling to maintain growth in the face of higher funding costs, rising arrears and weaker demand. read more

Big push behind IFRS S1 and S2

Last month’s release of the International Sustainability Standards Board’s inaugural standards for sustainability-related and climate-related disclosures, IFRS S1 and IFRS S2, has triggered responses.. read more

NGM launches digital home loan

Newcastle Greater Mutual Group, the product of the recent merger of Newcastle Permanent Building Society and Greater Bank, has made good on its promise to use its scale to deliver new services, launch.. read more

CDR definition amended

The government has amended the Consumer Data Right designation for authorised deposit-taking institutions to clarify the scope of products that are covered by extending the definition to leases. read more