Government forms FinTech Advisory Group 25 February 2016 4:29PM The Government has established a FinTech Advisory Group to assist in the formulation of policy to help Australia develop as a leading regional financial services market. read more
Retail financial services makes a positive contribution for MMS 25 February 2016 4:28PM McMillan Shakespeare Group has made a good start in retail financial services, with its new division making an EBITDA contribution of A$11.2 million to group EBITDA of $65.8 million during the six mon.. read more
Debtor finance market picked up in 2015 25 February 2016 4:27PM After recording little or no growth since 2012, the debtor finance market made modest gains last year. read more
Silver Chef earnings jump on strong transport and construction leasing activity 24 February 2016 6:18PM Strong leasing and rental activity in the transport and construction industries has driven earnings growth for small business equipment finance company Silver Chef. read more
High-risk mortgage lending reined in 24 February 2016 6:18PM Financial regulators' efforts to rein in high-risk mortgage lending over the past year have been largely successful. read more
Worrying signs for Pioneer Credit 24 February 2016 6:16PM Impaired debt buyer Pioneer Credit produced strong revenue and profit growth in the six months to December but is beginning to show some of the same signs of deterioration, including a reduction in de.. read more
Excessive surcharges bill passed but standards still in the works 23 February 2016 5:42PM Parliament has passed a bill that will ban excessive card surcharging but it will be some time before the standards required to put the law into effect are implemented. read more
HSBC's Australian earnings fall further 23 February 2016 5:40PM HSBC Bank Australia contributed US$373 million of pre-tax profit to HSBC plc earnings in 2015. The result was down on the previous year, when the local company earned $432 million. read more
Investment in distribution pays off for MyState 23 February 2016 5:40PM MyState's investment in its mortgage business has paid off, with the diversified financial group reporting strong growth in its mortgage portfolio during the six months to December. read more
DirectMoney partners with Macquarie 22 February 2016 4:53PM DirectMoney has formed a strategic partnership with Macquarie Bank, which is taking a stake in the marketplace lender. read more