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After spending most of 2020 working to refinance its business, receivables management specialist Collection House is facing more problems with its lenders. read more

Commonwealth Bank has made some adjustments to its financial reporting ahead of the announcement of its half-year results next week, reflecting the simplification of its operating model following seve.. read more

The final phase of the introduction of the Consumer Data Right in the banking sector will be implemented this week, when non-major ADIs start sharing their phase 3 customer data. read more

The misconduct that came to light at the Hayne royal commission continues to hang over the banking industry, with consumer’s level of trust in Australian banks among the lowest in the world. read more

Consumer lender Plenti has secured a A$250 million facility from Westpac and the Clean Energy Finance Corporation, which will allow it to maintain its strong growth in the auto finance market. read more

Banks have more work to do to meet their goals of inclusivity and accessibility, according to a new report. read more

Variable and fixed home loan interest rates moved in different directions in 2021, as lenders continued to push down variable rates but moved their fixed rates higher. read more

Credit Clear shareholders have voted in support of a capital raising to support the company’s proposed acquisition of debt recovery company ARMA Group Holdings. read more

The value of household deposits rose by A$72 billion to a record $1.4 trillion in the September quarter, contributing to record household wealth of $13.9 trillion. read more

From the start of next year, the interest rate on the Government’s reverse mortgage, the Pension Loan Scheme, will be cut from 4.5 per cent to 3.95 per cent. read more