Cigno challenges ASIC's stop order 30 September 2019 2:54PM Payday lender Cigno is not giving up without a fight. The company which was the subject of a stop order under ASIC's new product intervention power, has made an application to the Federal Court to hav.. read more
The home ownership dream is fading 30 September 2019 2:52PM Young adults are planning to live longer in their parents' home because they cannot afford to buy their own place, according to CoreLogic's Perceptions of Housing Affordability 2019. read more
Plenty for the retirement income review to chew on 30 September 2019 2:49PM On Friday, Treasurer Josh Frydenberg announced the terms of reference for a review of the retirement income system, which will look at the interaction of compulsory superannuation, the Age Pension and.. read more
Latitude drifts in a low-growth market 27 September 2019 4:07PM There's little of the fintech feel beyond the hype in the pitch for Latitude Financial's upcoming IPO. read more
Financial assets lift household wealth 27 September 2019 4:00PM Wealth per person, it's up to the superannuation illusion to offset the all too tangible falls in housing values.On average, Aussies are five grand poorer than they were one year ago, though they are.. read more
Axsesstoday sale completed 26 September 2019 4:35PM Unsecured creditors of Axsesstoday will receive around 34 cents in the dollar. read more
Fair Go Finance changes hands 25 September 2019 4:10PM International fund manager Skybound Capital has paid $20 million to take a 60 per cent stake in local fintech Fair Go Finance, purchasing the majority holding from Frankfurt-listed MyBucks SA. read more
Pioneer Credit in default 25 September 2019 4:06PM Debt purchaser Pioneer Credit has entered into a standstill agreement with its senior financiers, Bankwest and Westpac, giving the company some breathing space before lenders take action over defaults.. read more
SMEs turn away from banks 25 September 2019 4:04PM Business finance company Scottish Pacific has identified a "watershed moment" in its latest survey of small and medium business, with more companies planning to fund their growth using a non-bank in p.. read more
New super law a hurdle for SMSF borrowers 24 September 2019 3:46PM A change to limited recourse borrowing arrangements, included in a superannuation bill passed last week may make borrowing a less popular option for members of self-managed super funds. read more