ANZ confirms MYOB talks

ANZ issued a statement yesterday confirming speculation that it is talking to private equity firm Kohlberg Kravis Roberts about buying the accounting and business management software company MYOB. read more

FHSSS deemed rate hits 4 per cent

A significant change to the First Home Super Saver Scheme, which has an attractive deemed interest rate, was tucked away among a raft of changes to superannuation that took effect this month. read more

Bank climate stress testing on the cards

Banking regulators are moving closer to including climate-related capital and liquidity requirements in their prudential standards, following the release of climate risk management guidelines by the B.. read more

Laybuy flags UK exit

Buy now pay later company Laybuy is in breach of covenants for both its revolving credit facility with Kiwibank and a term loan facility with UK lender Provident Financial Group. read more