Fisher & Paykel Finance gets FlexiGroup over the line 01 September 2016 4:27PM All of consumer finance company FlexiGroup's increase in earnings over the 12 months to June came from a business it acquired earlier this year, New Zealand's Fisher & Paykel Finance - but even wi.. read more
DirectMoney says it has put credit quality issues behind it 01 September 2016 4:25PM Marketplace lender DirectMoney says significant changes to its credit team and credit processes made during the first half of 2015 have materially improved the credit performance of loans written sinc.. read more
APRA 'dials up' focus on commercial property 31 August 2016 4:40PM APRA is "dialling up" the intensity of its focus on lending, with ADIs' commercial property loans "front and centre". read more
zipMoney finds a niche in the retail finance market 31 August 2016 4:31PM Finance company fintech zipMoney has had a modest impact on the retail finance market over the past year, boosting its customer accounts from 6200 to more than 52,000 in the 12 months to June. Its loa.. read more
Losses mount at Cash Converters 31 August 2016 4:30PM Payday lender Cash Converters halved its A$21.5 million loss in 2014/15, booking a $11.1 million loss in the year to June 2016, while facing another class action and investigation into its lending pra.. read more
IMB transformation yet to hit the bottom line 30 August 2016 4:29PM Changes at IMB Bank - its transition to a mutual bank last August, the announced merger with Sutherland Credit Union and several digital upgrades - have yet to impact on its financial performance. read more
Scottish Pacific beats prospectus forecast 30 August 2016 4:23PM Debtor finance company Scottish Pacific, in its first financial report since listing on the Australian Securities Exchange earlier this year and with three acquisitions in the past year, highlighted t.. read more
Money3 puts a year of turbulence behind it 30 August 2016 4:19PM Consumer lender Money3 lost funding support from a major bank, had its CEO forced into retirement, and regulatory changes put its small amount lending business under pressure, yet it still managed a p.. read more
Bouris 'disappointed' with mounting YBR losses 29 August 2016 4:33PM Mortgage and wealth group Yellow Brick Road has suffered a dramatic collapse in earnings, with a fourfold increase in losses despite strong growth in revenue and the size of its loan book. read more
New surcharge rules take effect this week 29 August 2016 4:26PM A new card payment surcharge standard will take effect on Thursday, limiting surcharges to recovering the cost of acceptance, which has been defined more narrowly than in previous versions of the stan.. read more