Australia's banks: profit first, customers second 05 February 2019 5:18PM The best and worst of the Hayne report, at a glance. read more
COG takes lending in-house 04 February 2019 5:18PM Finance broker Consolidated Operations Group has announced plans to create an "in-house financial product portfolio" supported by a securitisation program. The company has re-jigged management and boa.. read more
Litigation funders to be reined in 04 February 2019 5:15PM Litigation funders face the prospect of having to submit an annual compliance report to the Australian Securities and Investments Commission and also having to provide security for costs. read more
Regulating ICOs: all ideas welcome 01 February 2019 5:11PM Regulators and policy makers are unsure about how to proceed with the regulation of initial coin offerings, a new Treasury consultation paper concedes. read more
Collection House moves into the NZ market 01 February 2019 5:08PM Receivables management company Collection House has moved into the New Zealand market, with the acquisition of Receivables Management (NZ) Ltd. read more
Bendigo loses another Great Southern recovery action 31 January 2019 5:24PM A court has dismissed loan recovery action by Bendigo and Adelaide Bank against an investor in several Great Southern Plantations schemes. It is not the first time the courts have knocked the bank bac.. read more
Credit Corp sits out 'tight' debt purchasing market 30 January 2019 5:12PM Debt ledger purchaser and consumer lender Credit Corp achieved double-digit growth in earnings in the December 2018 half-year, despite reduced debt purchasing in what it described as a "tight market". read more
Cashwerkz announces expansion plans 30 January 2019 5:06PM Online term deposit marketplace Cashwerkz appears to be flourishing under the ownership of Trustees Australia, which reported yesterday that investments on the Cashwerkz platform had grown from A$1 bi.. read more
Axsesstoday chief has a mess to sort out 29 January 2019 4:51PM The newly-appointed chief executive of SME lender Axsesstoday takes over as the company is overhauling its capital structure and governance controls in response to breaches of its debt covenants. read more
Mutuals near parity on Tier 2 issues 29 January 2019 4:50PM Mutuals hoping to take advantage of changes to the tax treatment of their Tier 2 issues will only be able to apply the new regulations to notes issued after the regulations are registered. read more