Alternative lenders front of mind 18 April 2019 4:07PM The CEO of lender OnDeck, Noah Breslow says, rather than a fallback option after rejection by a bank, online lending is now the first choice for many Australian SMEs. read more
Metrics scales up 17 April 2019 3:57PM Commercial lender Metrics Credit Partners is bulking up, with the launch of a A$400 million capital raising for its ASX-listed Master Income Trust. read more
Finance sector job outlook positive 17 April 2019 3:56PM Demand for staff in the financial and insurance services industry has recovered after a period of weakness last year that coincided with the Hayne royal commission. read more
Embattled Silver Chef turns to private equity 16 April 2019 3:47PM Hospitality industry finance company Silver Chef, which has been struggling to recapitalise its business, has received a takeover offer from private equity group Next Capital. read more
Support for 'small' ABSF 16 April 2019 3:45PM The government's commitment to helping make the SME lending sector more competitive, through its funding of the Australian Business Securitisation Fund, is a "small investment" that lenders will not b.. read more
Mandatory CCR bill lapses but big banks to stay the course 15 April 2019 3:59PM Major banks will have 75 to 80 per cent of consumer credit accounts in the CCR system by later this year. read more
Negative equity 'low' and not a risk, RBA says 15 April 2019 3:54PM The Reserve Bank has rejected suggestions coming from some quarters that around 10 per cent of mortgage borrowers are in negative equity. read more
YBR closes in on securitisation goal 15 April 2019 3:51PM Yellow Brick Road has some rare good news to report, with the announcement that it has entered into two separate term sheets relating to the establishment of a new securitisation initiative. read more
ACCC sues iSelect 15 April 2019 3:47PM The Australian Competition and Consumer Commission has started proceedings in the Federal Court, claiming that iSelect made false or misleading representations in relation to its energy plan compariso.. read more
BOQ fighting fires on many fronts 12 April 2019 3:42PM Bank of Queensland's half-year financial report reveals that the bank faces difficulties on a number of fronts. Its core branch lending business is in decline, its branch network is shrinking and its.. read more