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Commonwealth Bank has taken a hit to its business and consumer satisfaction ratings over the past few months, as it deals with a worsening financial planning scandal. read more

The proportion of credit applications that could involve fraud has risen by 52 per cent over the past two years, according to credit reporting and data analytics company Veda. read more

Debt collector Collection House has produced a big increase in net profit for the year to June, on the back of a record investment in distressed debt portfolios and a reduction in its gearing. read more

MyState Financial marked time in the year to June, with negligible growth in its loan portfolio and only lower funding costs and a reduction in its bad debt charge giving some respectability to the re.. read more

Financial services group Centrepoint Alliance has reported growth in earnings for its premium funding division for the second year in a row. The company is better known as a financial planner but its.. read more

One way to get more competition in the financial services industry would be to conduct more frequent reviews of the industry with a focus on competition issues, according to Fred Hilmer, the vice-chan.. read more

Broker franchise group Mortgage Choice fell below system growth in loan approvals and also growth in the value of its loan book during the year to June. read more

AMP Bank met its target for above-system growth in mortgages during the six months to June but said it would have to focus more on productivity and customer retention in a market characterised by "int.. read more

Prepaid card supplier emerchants is betting on revenue from a pipeline of new business to turn its fortunes around. The company made a loss of A$5.4 million for the year to June - slightly more than t.. read more

Payday lender Cash Converters bounced back in the June half, after struggling in the first half of the financial year with the introduction of a tougher regulatory regime for small-amount short-term l.. read more