93

Only 33 of the 96 mortgage lenders on comparison site Mozo’s database cut their variable home loan rates last month, after the Reserve Bank cut the cash rate target by 15 basis points. And only 15 len.. read more

Despite the steep fall in interest rates on savings accounts this year, more people are putting their savings in transaction and savings accounts, according to new research. read more

Payright, the latest buy now pay later contender to list on the ASX, hopes to differentiate its offering by funding larger purchases with longer repayment periods – a segment of the market it says is.. read more

A court has rejected an attempt to limit the scope of summonses for examination issued by authorised creditors in liquidation proceedings and confirmed that “examinable affairs” can cover a lot of gro.. read more

Payment terminal operator Smartpay has recovered from a COVID-related collapse in activity in the June quarter, reporting that its transaction revenue is now well above the level it reached early this.. read more

Supply chain finance company Greensill Capital has announced that it will not work with companies that do not offer their suppliers payment terms of 30 days or less, following the ACCC’s “engagement”.. read more

Home loan borrowers are being advised by everyone from the Reserve Bank governor down to negotiate a better rate with their lender or refinance, but comparison site Mozo estimates that a significant p.. read more

Macquarie Equities has joined the residential property market bulls, issuing a report that forecasts 10 to 12 per cent increase in house prices by the end of 2022, with a possible “surprise to the ups.. read more

Auto finance specialist Money3 has secured a warehouse facility, with initial funding of $250 million and with scope to grow. read more

Fewer than 9000 people a year make downsizer contributions. The Council on the Ageing reported that a poll of its constituents found an even split on the prospect of including some value of the home i.. read more