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Australian banks are well ahead of their funding needs, including repayment of their Term Funding Facility borrowings, and have the flexibility to adapt their issuance to market conditions, the Reserv.. read more

Pepper Money has priced its fourth public securitisation for the year, issuing A$675 million of mortgage-backed securities in the latest transaction. read more

Credit losses in the personal loan market are finally moving back to historical levels, with lender Plenti Group reporting a doubling of realised impairment losses in its latest financial results. read more

Commonwealth Bank has incorporated more personalisation and customisation into the latest version of its CommBank app and it is starting to offer some of the same features to business customers. read more

The Australian insolvency system is dominated by debtors with relatively small debts, many of whom are vulnerable, the Australian Financial Security Authority says. read more

Steve James is stepping down from his role as chief executive of Teachers Mutual Bank, after 44 years at the credit union turned mutual bank – 18 of them as CEO. read more

Minister for Financial Services Stephen Jones has taken the middle path in choosing option 2 – light-touch regulation – as the way to regulate the buy now pay later industry. read more

Buy now pay later provider Payright will delist from the Australian Securities Exchange – the second BNPL company to do so this year. read more

Inadequate testing, monitoring and control of processes and system changes are at the heart of many of the failings the Australian Financial Complaints Authority has identified in its latest review of.. read more

Consumers are using buy now pay later services more frequently and spending larger amounts, as they fall back on unregulated credit to make ends meet. read more