Comprehensive credit reporting leads to more approvals 11 February 2015 4:43PM Access to comprehensive credit data in New Zealand has resulted in a significant shift in lending decisions, with more applicants with poor credit histories likely to have their applications accepted. read more
Macquarie Securities extends coverage in the banking sector, anticipating consolidation at the small 11 February 2015 4:42PM Macquarie Securities has initiated coverage of MyState and Wide Bay to focus on investment opportunities arising from changes in the small-cap banking sector. But in an inauspicious maiden report it h.. read more
McMillan Shakespeare enters consumer auto car finance market 10 February 2015 4:27PM Remuneration services and fleet leasing specialist McMillan Shakespeare has moved into the consumer finance market, with the acquisition of the automotive industry finance company Presidian. read more
BOC RMB clearing facility launched 10 February 2015 4:26PM The development of the Australian renminbi market passed another milestone yesterday, when Bank of China was launched as the official RMB clearing bank in Australia. read more
New P2P entrant targets the SME market 10 February 2015 4:26PM The latest peer-to-peer lender to set up shop in the Australian market, ThinCats Australia, has introduced something different to the model by using finance brokers as intermediaries. read more
BPS Technology meets prospectus forecasts 10 February 2015 4:25PM BPS Technology, the operator of the Bartercard system, has beaten prospectus forecasts in its first financial report since listing on the Australian Securities Exchange last September. read more
Verification of identity rules a headache for lenders 10 February 2015 4:24PM One aspect of Australia's property conveyancing industry that seems immune from the move to electronic commerce is the verification of identity. read more
Macquarie's RMBS pricing widens 09 February 2015 4:34PM Macquarie Group priced its latest issue of residential mortgage-backed securities on Friday, paying 11 basis points more for funding than it did when it last issued, last July. read more
ASIC class action set for May court date 09 February 2015 4:33PM Proceedings in a class action against the Australian Securities and Investments Commission over its involvement in the Storm Financial failure in 2008 have been held over after until May, to allow the.. read more
Investment in 'digitisation' pays dividends for FlexiGroup 06 February 2015 4:40PM An investment program aimed at "digitising" operations is paying dividends for finance company FlexiGroup, which reported higher earnings in all five of its business units for the December half. read more