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Westpac has taken a stake in the peer-to-peer lender SocietyOne, according to a report in the Australian Financial Review. The investment is a through a new Westpac-funded venture capital business, Re.. read more

Lenders and brokers are dragging the chain when it comes to improving the online experience of home loan applicants. While a handful of lenders report that their customers are happy to use the interne.. read more

The Bank of International Settlements may limit the way banks measure their risk-weighted assets for capital requirements, as it seeks to deal with the problem of risk-weighted asset variability. read more

Lenders that have not met the requirement under the Privacy Act amendments to join an external dispute resolution scheme have been given a lifeline. read more

Debtor finance company Scottish Pacific has had three different majority shareholders in the past four years. It was part of David Coe's ill-fated financial conglomerate Allco until 2010, when it was.. read more

From this month, credit reporting agencies will be responsible for ensuring that anyone receiving de-identified credit reporting information handles the information appropriately. read more

The size of the average home loan has increased by almost 10 per cent over the past year. Loans written by the mortgage aggregator AFG have increased from an average of $395,000 in February last year.. read more

Mortgage industry leaders have challenged the validity of the Australian Bureau of Statistics' first-home buyer data, saying it no longer gives a true picture of the number of people buying their firs.. read more

The consumer and small business leasing company FlexiGroup has bought the office products and services company, Think Office Technology. read more

Personal asset lender Assetline celebrates its first anniversary next month, having written about A$3 million of loans since its launch. read more