Investor mortgage lending falls 09 June 2016 3:48PM After recording surprisingly high levels of growth in February and March, new mortgage lending to property investors resumed its downward trajectory in April. read more
Housing affordability and mortgage stress levels improve in WA 09 June 2016 3:44PM Western Australia has been identified by lenders as a hotspot for rising mortgage arrears and defaults, in the wake of the end of the mining boom. But new research shows that affordability has improve.. read more
Farm management deposit scheme beefed up 09 June 2016 3:38PM The maximum amount that can be held in a farm management deposit account will increase from A$400,000 to $800,000 on July 1, under government changes to the tax treatment of the scheme. read more
zipMoney raises equity, announces acquisition 08 June 2016 4:19PM Consumer finance company zipMoney has raised A$20.6 million of equity and entered into a non-binding agreement to acquire a personal financial management company, Pocketbook Holdings. read more
CALC calls for bankruptcy review to rein in debt agreement administrators 08 June 2016 4:11PM The Consumer Action Legal Centre has called on the government to take a more holistic approach in its review of bankruptcy law, and consider changes to the Part IX debt agreement provisions of the Ban.. read more
Bricks and mortar payday lenders 'have no chance' 07 June 2016 4:43PM The days of the traditional bricks and mortar payday lenders will be over if the Government acts on the recommendations of a review of the market, an industry leader says. read more
New indexes for ASX-listed debt securities 07 June 2016 4:38PM Australia Ratings has launched a family of indexes that will track the returns of non-government debt securities listed on the Australian Securities Exchange. read more
Stargroup acquires CashmyATM 06 June 2016 3:57PM Stargroup has made another acquisition in its bid to become a substantial player on the ATM market. The company announced on Friday that it had acquired CashmyATM, which operates a network of 97 ATMs. read more
Australians have conservative financial goals 06 June 2016 3:53PM Australians have conservative financial goals, focused on paying off debt and topping up super, according to new research. read more
Deposit rates hit hard 03 June 2016 3:48PM A number of authorised deposit-taking institutions have cashed in on last month's cash rate reduction by cutting their savings account rates by a greater margin than their variable mortgage interest r.. read more