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Charge cards, margin loans and novated leases are among the credit contracts exempt from the provisions of the mandatory comprehensive credit reporting rules that came into force on July 1. read more

Big banks continue to take advantage of their customers’ move to online banking in response to COVID lockdowns, with ongoing branch closures and the development of new smaller branch designs. read more

Guy Debelle will serve another five years as deputy governor of the Reserve Bank.  read more

A series of proposed changes to Consumer Data Right rules would make it much easier for consumers to share their data with a wider range of service providers. read more

The New Zealand government has announced plans to establish a consumer data right, which will be aligned with the Australian CDR regime. read more

Austrac has recommended that lenders restrict the use of cash to repay loans and also limit the use of offsets and redraws as part of a money laundering risk mitigation strategy. read more

Complaints to the financial ombudsman about unauthorised transactions, particularly in relation to online banking, rose sharply in the year to June. read more

Investors have charged back into the retail property market and are driving demand for mortgage finance. read more

Payments company Novatti is acquiring a strategic stake in accounting software company Reckon, saying it hopes benefit from synergies between the two businesses. read more

Small business finance company Butn Ltd made its debut on the Australian Securities Exchange on Friday, signalling its plan to grow its presence in what it calls the “transactional funding” market - i.. read more