Australia is in poor financial health, report finds 09 September 2016 3:46PM New research paints a grim picture of the financial health of Australian households, reporting that almost two-thirds of adult Australians face some level of financial stress or vulnerability. read more
BPS Technology links with GetCapital 09 September 2016 3:45PM BarterCard operator BPS Technology has formed a partnership with fintech lender GetCapital and will offer loans to businesses using its networks. read more
Fintechs disappoint on credit quality 08 September 2016 4:00PM Fintech lenders say the sophistication of their credit scoring algorithms and the broad sweep of customer data they collect give them an edge over traditional lenders when it comes to credit assessmen.. read more
Businesses scale back investment plans 08 September 2016 3:56PM Economic growth is picking up and business expectations are positive, except in one area - business investment. read more
Competitive pressure breaks out in the personal loan market 08 September 2016 3:55PM Personal loan and credit card rates tend not to change much in response to Reserve Bank monetary policy decisions but last month there was an unusually high number of cuts to personal loan rates. read more
ING Direct compensates Living Super members over cash rates 08 September 2016 3:53PM ING Direct will pay out around A$5.4 million to compensate more than 24,000 members of its Living Super superannuation fund, after the regulator raised concerns about potentially misleading statements.. read more
Liddy misses his benchmarks at Collection House 07 September 2016 4:15PM Former Bank of Queensland chief executive David Liddy set some goals when appointed chair of Collection House in 2012. He retires not having achieved them. read more
Credit providers included in new mandatory data breach reporting rules 07 September 2016 4:13PM The Australian Government's legislative timetable for the current sitting of Parliament includes the passage of new mandatory data breach requirements. read more
FOS disputes rise unexpectedly 06 September 2016 3:59PM After several years of declining dispute numbers, the Financial Ombudsman Service has reported a seven per cent rise in in the year to June. read more
Government repeals price signalling ban 06 September 2016 3:55PM An amendment to the Competition and Consumer Act repeals the ban on price signalling by banks, replacing it with a more general "concerted practices" prohibition. read more