Delayed settlement bad news for buyer and seller 26 August 2019 3:45PM Falling residential property values turned into a serious problem for both the seller and buyer of a Sydney property last year. A court has ruled that when the sale fell through because the buyer coul.. read more
Mortgage Choice takes a hit from restructure 23 August 2019 4:29PM A fall in franchise numbers and loan settlements have contributed to a 40 per cent fall in earnings at Mortgage Choice. read more
Plenty of blue sky for Zip 23 August 2019 4:28PM Retail finance provider Zip Co benefited from growing consumer demand for "buy now pay later" payment options, with an 80 per cent increase in customer numbers over the year to June and a 108 per cent.. read more
Strong volume growth lifts EML's earnings 22 August 2019 4:13PM A key metric for payments company EML is gross debit volume - a measure of the volume processed through the company's various payment platforms. The company says this figure is a proxy for customer de.. read more
Weak car sales, tighter regulation slow McMillan Shakespeare 22 August 2019 4:07PM An 8 per cent fall in Australian new car sales during the year to June was one of a couple of challenges that held back revenue growth for salary packaging and leasing company McMillan Shakespeare Gro.. read more
iSelect overhauls its business, profit remains elusive 21 August 2019 3:40PM After his first full year running comparison site company iSelect, chief executive Brodie Arnhold said the company had "stablilised" in 2018/19, after some difficult times. Stable maybe, but still in.. read more
More pain for banks as APRA overhauls related entity standard 21 August 2019 3:38PM The Australian Prudential Regulation Authority has conceded that its revised related entities standard may create difficulties for banks and other authorised deposit-taking institutions. read more
Frydenberg calls on industry to play its part in post-Hayne reform 20 August 2019 4:39PM Treasurer Josh Frydenberg has warned companies in the financial services industry that the government expects them to play their part in addressing issues raised in the Hayne royal commission. read more
Consumers opt for just one credit card 20 August 2019 4:38PM A growing number of credit card users are carrying only one card, putting pressure on card issuers to look at ways to increase loyalty and minimise attrition. read more
Credit Corp acquires Baycorp 19 August 2019 3:41PM Credit Corp has acquired Baycorp Holdings, giving it entry into the New Zealand debt collection agency business. read more