Firstmac shows the way with online mortgage sales 20 May 2016 4:23PM Mortgage lender Firstmac has made significant progress in selling loans online, something that many other lenders have struggled to do. read more
Margin loan balances take another dip 20 May 2016 4:22PM Margin loan balances have fallen for the third consecutive quarter, as investors lose their enthusiasm for gearing their investments. read more
BPS Technology cracks the Chinese B2B market 19 May 2016 4:40PM BPS Technology, the operator of the Bartercard system, has entered into an agreement with payment system provider SmartTrans to sell products in China via Alibaba's e-commerce platform 1688.com. read more
CALC launches a payday loans calculator, calls for tougher SACC rules 19 May 2016 4:37PM The Consumer Action Law Centre has launched a calculator to allow consumers to work out the cost of a payday loan. read more
Insolvency practitioners oppose bankruptcy reform proposals 19 May 2016 4:34PM A proposal to reduce the default bankruptcy period from three years to one year has drawn fire from the Personal Insolvency Professionals Association, which says such a move would "incentivise" bankru.. read more
Lenders' mortgage underwriting standards converge 18 May 2016 4:12PM The impact of changing dynamics in the capital markets and regulatory intervention have transformed mortgage underwriting from a diverse activity involving a range of competitive strategies into a sta.. read more
Investment program eats into OzForex earnings 18 May 2016 4:11PM International payments company OzForex Group has suffered a fall in earnings, despite higher income, as it ramps up an ambitious investment program. read more
DirectMoney hits a funding bottleneck 17 May 2016 3:01PM Marketplace lender DirectMoney has been forced to refer "excess loan applicants" to another lender because it does not have enough investors to buy its loans. The company's business model, which relie.. read more
Rewards programs poor value 17 May 2016 2:59PM Consumers are dissatisfied with the value they get from credit card rewards programs, a new survey reveals. read more
Business lending market maintains momentum 16 May 2016 3:47PM The value of new commercial finance commitments rose 0.9 per cent in March compared with the previous month (in seasonally adjusted terms), according to the latest Australian Bureau of Statistics lend.. read more