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Small amount credit contracts will no longer be allowed to include direct debit charges, with the new ASIC rule applying to loans sold from 1 February next year. read more

Genworth's performance in the September quarter shows a continuation of the trends the mortgage insurer reported in the June half - falling premium income and a higher loss ratio contributing to lower.. read more

While ANZ's statutory profit for the year to September fell 24 per cent, the bank presented its earnings on a pro forma basis, adjusting for a number of specified items, and claimed underlying earning.. read more

ANZ chief executive Shayne Elliott is "cautious" about the prospects for lending growth in the bank's core business, Australian banking. Instead, he is focusing on improving service delivery through d.. read more

The fallout continues at Yellow Brick Road after its disastrous performance in 2015/16, with another senior executive out the door. read more

QT Mutual Bank members have voted in favour of a merger with RACQ - for the second time. read more

Trade credit insurer Coface is looking for a local partner to sell a new online SME product. read more

Australian fintechs are struggling to establish distribution channels and acquire customers. A new survey reveals that only 14 per cent of them are trading profitably. read more

Depositors continue to increase their cash and term deposit holdings, despite the fact that interest rates have been cut twice this year. read more

The offer of 12-month term deposit rates at three per cent from the big banks has been short-lived. read more