Zip buys local Spotcap operation 09 September 2019 3:41PM Retail finance provider Zip Co is moving into the small business lending market, with the acquisition of the Australian and New Zealand businesses of global SME lender Spotcap. read more
ACCC calls for changes to loyalty schemes 06 September 2019 4:24PM 90 per cent of Australian consumers are members of loyalty schemes, with the average consumer holding between four and six loyalty cards. read more
Fixed rates lead the rate cuts 06 September 2019 4:18PM Mortgage interest rates continued to fall in August, even though there here has been no changes to the cash rate since July. Comparison sites are reporting that the action is in the fixed rate market. read more
Thorn settles class action 04 September 2019 4:00PM Consumer finance company Thorn Group will pay A$25 million to settle a class action over a claim that its "Rent Try $1 Buy" promotion was misleading and deceptive. read more
Axsesstoday sale to Cerberus approved 04 September 2019 3:46PM Creditors of small business lender Axsesstoday have approved a deed of company arrangement for the sale of the business to US private equity firm Cerberus Capital Management. read more
Broker best interest bill under fire 04 September 2019 3:43PM The government's plan to impose a best interest duty on mortgage brokers has come under fire for being selective in its application, with inconsistent exclusions. A draft bill issued for consultation.. read more
Cash Converters rethinks lending 03 September 2019 3:51PM A $16.4 million payout to settle a class action contributed to lousy earnings at Cash Converters. read more
Silver Chef rescue sours 03 September 2019 3:49PM Silver Chef's takeover deal with Next Capital has fallen through, casting a cloud over the future of the struggling equipment finance company. read more
ACCC bids for FX fix 03 September 2019 3:47PM ACCC warns it will take action against businesses that mislead consumers about the level of fees for FX services. read more
YBR takes alternative path 02 September 2019 4:02PM Lending volume was down 19 per cent and revenue fell 7 per cent at Yellow Brick Road. read more