Emerchants maintain the momentum, despite payday lending slowdown 22 February 2016 4:53PM Prepaid card supplier Emerchants has suffered a setback in the online payday lending side of its business, where what it described as "increased regulatory oversight and negative media commentary" led.. read more
DNB business failures 22 February 2016 4:52PM After hitting a two-year high in the September quarter last year, the number of failed business in Australia was closer to the long-term trend in the December quarter. read more
Mortgage Choice reports a better half 19 February 2016 4:29PM After a disappointing result in 2014/15, when its earnings fell, it lost market share and it announced the closure of its loss-making comparison site business, Mortgage Choice has got off to a better.. read more
AMP Bank makes a costly call on investor lending 19 February 2016 4:29PM AMP Bank's decision to stop lending to residential property investors altogether, in response to regulatory demands to slow the rate of growth in that sector, has proved costly. The bank had almost no.. read more
Collection House hit with lower repayments and more costly debt ledgers 19 February 2016 4:28PM Debt buyer Collection House was hit by a double whammy during the December half, when a significant number of its purchased debt ledger accounts stopped paying their debts and the rising price of PDLs.. read more
Related party LRBA deadline looms with important details still to be resolved 19 February 2016 4:27PM Self-managed superannuation fund trustees with related party loans face a difficult few months, with an Australian Taxation Office regulatory deadline looming but important details still up in the air.. read more
Spike in impairments at FlexiGroup 18 February 2016 5:17PM The disruption that marred the 2014/15 results of finance company FlexiGroup was again evident in its results for the six months to December. read more
Strong revenue growth for DirectMoney but profit some way off 18 February 2016 5:16PM Marketplace lender DirectMoney enjoyed strong growth in revenue in the six months to December, as its loan book started to build. However, it appears to be some way off reporting its maiden profit. read more
Suncorp goes customer-centric 17 February 2016 5:17PM Suncorp Group has unveiled a new business model with an emphasis on more flexible "platforms" and better-connected customers. read more
Business lending down 17 February 2016 5:16PM Business lending activity fell sharply at the end of last year, according to the latest Australian Bureau of Statistics lending figures. read more