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The merger of comparison site operators Compare the Market and iSelect is likely to proceed, following a favourable ACCC review of the competition implications of the deal. read more

The parliamentary year finished on Friday with the passage of the Financial Sector Reform Bill but there was one significant omission from the omnibus bill – the Financial Services Compensation Scheme.. read more

The message from finance company Thorn Group in half-year results released yesterday is that it has come through two years of “challenging times” and now it is back in business, although in considerab.. read more

Personal insolvency numbers are rising, as higher interest rates and the increased cost of living make an impact. read more

Laybuy’s underlying sales and active customers number are falling, as belt tightening measures aimed at stemming the buy now pay later company’s losses also cut into growth. read more

The government has set out its plan to give the Australian Accounting Standards Board power to set climate-related and other sustainability standards for financial reporting, in a draft bill released.. read more

Payment terminal operator Smartpay has maintained its aggressive push to grow share in the Australian market and reaped the benefit of strong retail sales over the six months to September. read more

The Reserve Bank’s inflation targeting framework has received “general but universal support” in submissions to the Reserve Bank of Australia Review. read more

A senior executive at one of the big banks has challenged industry orthodoxy that shortening loan approval times is the key to winning business, saying that does not hold in the current environment. read more

Borrowing by superannuation funds to finance investments is unlikely to pose a material risk to the superannuation or broader financial systems, a review of leverage in the super system has found. read more