BNPL’s low-cost claims challenged

Curtin University accounting academics cut through the claptrap and expose the most fundamental falsehood central to buy now pay later business models. Which is that, of course there is an interest ra.. read more

Foreign investor exodus hits local RMBS market

Conditions in the Australian securitisation market have become more challenging for issuers, following the liquidation of holdings by overseas investors that have shifted their focus to the UK and Eur.. read more

Fixed rates through the roof

Lenders are not hesitating to increase their variable mortgage rates in line with the Reserve Bank’s cash rate changes but they are increasing fixed rates by even more. read more

Harmoney flags maiden profit

Consumer lender Harmoney has released unaudited details of its 2021/22 accounts, saying it expects to report a cash profit when it presents its financial report next month. read more