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Westpac is moving into the health payments market, announcing that it will acquire health claims processing business HealthPoint. read more

The Australian Taxation Office has issued a warning to trustees of self-managed superannuation funds about prohibited lending activity. read more

David Marshall, CEO, Defence Bank Defence Bank navigated the challenges of the past year successfully, reporting record lending in the year to June, as well as strong growth in deposits and income. read more

Mortgage broker numbers are growing, as new entrants are attracted by strong industry conditions in recent years. But those new entrants have had a shock, with market conditions deteriorating this yea.. read more

Consumer lender Wisr’s move to moderate loan origination to focus on profitability and balance sheet strength has resulted in a declining loan book balance, lower revenue and an EBTDA loss in the Sept.. read more

Business loan applications fell by 5.2 per cent in the September quarter – the biggest drop in demand since 2021. read more

Commercial finance broker and lender COG Financial Services has launched an eleventh-hour bid for Diverger, a company that provides compliance, technical and consulting services to accountants and fin.. read more

Securitisation transactions over the past month show there is plenty of investor support for the shift in focus among non-bank lenders to areas such as non-prime mortgage lending, asset finance and pr.. read more

Independent expert Grant Thornton Corporate Finance has advised that Somers Ltd’s offer of A$1.17 a share for Thorn Group is fair and reasonable, despite its estimate that an orderly resolution would.. read more

Reserve Bank governor Michele Bullock told a Senate committee yesterday that the latest consumer price index data would prompt the central bank to change its inflation outlook but it was too early to.. read more