DomaCom rates equity interest

Property fund manager DomaCom has entered the home equity release market with a product based on a shared equity structure, as an alternative to the standard loan structure of a reverse mortgage. read more

AFCA determines to name banks

In a significant departure from the practices of its predecessor organisations, the Australian Financial Complaints Authority plans to identify financial institutions in its published decisions. read more

ME moves into wholesale banking

ME Bank has launched what it calls a portfolio funding business, which will finance loans and other receivables originated and managed by partner businesses. read more

Silver Chef gets another lifeline

Funders of equipment finance company Silver Chef have given the company a reprieve, granting a waiver from action in relation to a breach of its debt covenants until June 30. read more