Cash Converters in trouble again

Payday lender Cash Converters failed to make reasonable inquiries about borrowers' income and expenses when it processed loans online and will refund A$10.8 million to borrowers who took out loans und.. read more

CCR coverage growing

Comprehensive credit reporting has increased the number of Australians with a credit profile by 930,000. read more

Westpac results at a glance

Westpac reported a net profit of A$7.4 billion for the 12 months to September - a fall of seven per cent compared with the previous corresponding period. On a cash basis, profit was unchanged at $7.8.. read more

LVRs are falling

The average loan-to-valuation ratio of mortgage applications is currently 74.3 per cent, 450 bps below a 2013 peak. read more