Butn keeps the focus on growth 23 August 2023 6:05AM 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 04 August 2023 5:35AM 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 02 August 2023 5:37AM 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 31 July 2023 5:30AM 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
AFCA calls for 'significant improvement' in complaints handling 28 July 2023 5:37AM The chief financial ombudsman has criticised banks and other financial institutions for failing to deal with customer complaints before they are escalated to the external dispute resolution stage. read more
ANZ agrees to pay super increases on top of salary 27 July 2023 5:59AM ANZ staff will vote on a new enterprise agreement in September, after the bank and the Finance Sector Union reached in-principle agreement on a new EA – the first in seven years. read more
Big push behind IFRS S1 and S2 21 July 2023 5:38AM 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
Get moving on BNPL regulation, counsellors tell government 21 July 2023 5:36AM Buy now pay later credit has become one of the most common forms of debt in financial counselling casework, a Financial Counselling Australia survey has found. read more
NGM launches digital home loan 19 July 2023 5:10AM 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 19 July 2023 5:08AM 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