Resimac shows how it's done

Mortgage lender Resimac Group showed up some of its bigger rivals in the December half, with solid growth in revenue, profit, settlements and its loan book. read more

Money3 quits SACC market, moves into NZ

Finance company Money3 has sold its small amount credit contract business to concentrate on automotive lending, and has also acquired specialist New Zealand auto finance business, Go Car Finance. read more

Macquarie hybrid comes with a 'health warning'

The prospectus for Macquarie Group's latest hybrid issue, Macquarie Group Capital Notes 4, comes with a "health warning": if Labor's franking credits policy change is enacted into law note holders wil.. read more

More C-suite exits from Axsesstoday

Recently appointed Axsesstoday chief executive Joanna White has terminated her chief financial officer, Joe Flanagan.She has also announced that a previously announced equity capital raising is on hol.. read more

Pension Loan Scheme amendments passed

The expansion of the Pension Loan Scheme announced in last year's budget was finally passed into law last week, giving retirees another means of topping up their incomes. read more

Mortgage Choice hit by perfect storm

An overhaul of its broker remuneration arrangements was the main contributor to a significant decline in earnings for franchise group Mortgage Choice in the December half. read more

iSelect turnaround still a work in progress

After sacking its chief executive midway through last year and ditching its failed "life admin" campaign, comparison site company iSelect promised a more hard-nosed approach to marketing and cost of s.. read more