Westpac invests in uno 14 September 2016 4:07PM Westpac has taken a stake in mortgage start-up uno, investing A$16.5 million in the company for an undisclosed shareholding. read more
PPSR still mystifies most business owners 14 September 2016 4:05PM More than four years after the Personal Property Securities Register was launched, a small minority of companies use it and the registration error rate is high read more
Thorn gives up on failing receivables management venture 14 September 2016 4:01PM Thorn Group is giving up on its bid to establish a presence in the receivables management market, announcing that it will sell its debt buying and collection business National Credit Management Ltd to.. read more
Credit card purchases and balances down 13 September 2016 4:15PM Consumers continue to whittle away at their credit card balances while also spending less on their cards. read more
Business lending bounces back 13 September 2016 4:13PM The latest Australian Bureau of Statistics lending data on new commercial finance shows commitments grew nine per cent in July, compared with the previous month. read more
Merge, rescue or replace the Ramsay ERD choices 12 September 2016 4:29PM A panel appointed by the Treasurer to review external dispute resolution processes in the financial services industry will consider several options for expanding the scope of EDR and improving consume.. read more
ING Direct boss aims to double primary banking relationships 12 September 2016 4:22PM ING Direct Australia's new chief executive, Uday Sareen, has set a goal of doubling the proportion of customers who have a primary relationship with the bank over the next three years. read more
Investor mortgage lending up for third consecutive month 12 September 2016 4:18PM The mortgage market is flat, with no growth in new lending over the past 12 months, but lending to investors is growing again. read more
ASX extends RMB services 09 September 2016 3:49PM The Australian Securities Exchange has launched a renminbi securities depository service, allowing securities issuers to issue RMB-denominated securities directly into the ASX's Austraclear settlement.. read more
ASIC warns on foreign transaction fees 09 September 2016 3:48PM ASIC has issued a warning to consumers about foreign transaction fees, which it said were not always adequately disclosed by banks, as Westpac reported that it has refunded A$20 million of foreign tra.. read more