Weak equity market stalls margin lending recovery 23 November 2015 4:56PM The pick-up in margin lending activity in the June quarter was not sustained in the September quarter, as a weaker equity market and an increase in margin calls tested investor appetite for geared sha.. read more
Make It Mine fined A$1.2 million 23 November 2015 4:53PM Consumer leasing company Make It Mine Finance Pty Ltd has been ordered to pay penalties of A$1.2 million by the Federal Court, which found that the company failed to disclose important information to.. read more
SMEs looking for advice on electronic payment options 20 November 2015 4:58PM Banks need to do more work to help their small business customers understand the efficiency of electronic payments and the differences between the growing number of choices in the market, according to.. read more
Thin Cats attracts a fat cat 20 November 2015 4:55PM Peer-to-peer lender Thin Cats has arranged close to A$2 million of loans in its first year of operation. read more
Default rates rising in US junk bond market 20 November 2015 4:54PM After several years of benign trading conditions marked by below-average default rates, the United States high-yield corporate bond market started to deteriorate this year and, in the opinion of one e.. read more
Apple Pay goes live today 19 November 2015 5:03PM American Express card members in Australia will be able to use Apple Pay from today. read more
Payday lending market too tough for Money3 and Thorn 19 November 2015 5:03PM Consumer lenders Money3 and Thorn Group are getting out of the payday lending market in the face of tighter finance options and a Government review of the sector that has raised the prospect of toughe.. read more
Stargroup enters the finance market 19 November 2015 4:58PM ATM and point of sale terminal operator Stargroup has entered the small business finance market with an offer that includes using a POS terminal for repayments. read more
Consumer leasing industry rubbishes ASIC sector review 18 November 2015 5:23PM The Australian Securities and Investments Commission's report on the consumer leasing market, published in September, has come under fire in submissions to the Review of Small Amount Credit Contract L.. read more
More companies trading while insolvent 18 November 2015 5:23PM There has been an increase of almost ten per cent over the past two years in the number of companies trading while insolvent. read more