Citibank clearly prices credit cards 02 September 2019 4:01PM Comparison site Finder.com.au reports that Citibank will increase purchase rates and cash advance rates on most of its cards from October 1. read more
Prospa produces industry-leading impairments 30 August 2019 3:36PM Prospa promotes itself as a fintech but it most resembles an old-fashioned finance company with a high-risk portfolio. read more
ASIC says mortgage brokers must demonstrate value 30 August 2019 3:33PM After following 300 Australians through the process of taking out a home loan and surveying another 2000, ASIC says consumers are suffering because of a lack of price transparency in the mortgage mark.. read more
Resimac strengthens its funding base 29 August 2019 4:04PM Mortgage specialist Resimac continued its move to be a principally funded lender, with a number of developments in the funding program in the 2018/19 financial year. read more
Flexigroup buzz yet to hit the bottom line 28 August 2019 3:11PM Flexigroup chief executive Rebecca James is keeping up the pace in her transformation of the finance company, announcing three new products to accompany the company's 2018/19 financial report. read more
Moula launches instalment payments 28 August 2019 3:10PM Small business lender Moula has entered the booming instalment-based payment market, with a cross between a buy now pay later arrangement and good old fashioned invoice financing. read more
Mortgage broker best interests duty principles-based 28 August 2019 2:04PM The government has opted for a principles-based approach to its new mortgage broker best interest duty, allowing brokers and other mortgage intermediaries to respond to the circumstances they are deal.. read more
Auswide snubs with big payout 27 August 2019 3:59PM Directors of Auswide Bank were not listening to the Treasurer yesterday, when they declared a final dividend that took the bank's dividend payout ratio for 2018/9 to 85 per cent. read more
AFCA all clear to name and shame 27 August 2019 3:58PM ASIC has given the Australian Financial Complaints Authority a green light to name firms in its published determinations, which will be a significant departure from the practices of its predecessor or.. read more
Diversification paying off for AFG 26 August 2019 4:49PM Half the gross margin at AFG was generated outside its mortgage business last financial year. read more