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Receivables management specialist Credit Clear made its debut on the Australian Securities Exchange yesterday, after raising $15 million through an initial public offering last month. read more

Neobank Volt has more IT providers than products, after signing a deal with Tata Consultancy Services to develop a “payments solution”. read more

Westpac’s September half earnings will be cut by more than A$1 billion as a result of an increase in provisions and costs associated with its Austrac proceedings, increased customer remediation provis.. read more

Bank of Queensland has launched a hybrid issue, seeking $200 million, with a margin over three-month BBSW expected to be between 380 and 400 basis points. read more

The government’s plan to simplify access to credit by removing responsible lending provisions from consumer credit law are likely come unstuck because it has failed to consider the web of industry sta.. read more

Few will believe NAB are anywhere near across the dimensions of their misconduct and related liabilities. read more

The asset-backed securities market came to life last week, with Flexigroup and Zip completing placements worth a combined A$550 million. read more

Consumer finance company Wisr has increased its NAB-backed warehouse facility from an initial A$50 million, when it went live in November last year, to $250 million. read more

Bank Australia might take the gong for highest cost-to-income ratio for a bank in the 2019/20 financial year, reporting an increase in CTI from 73.48 per cent in 2018/19 to 73.52 in the year to June 2.. read more

Pepper Group has completed its latest securitisation transaction, raising $1.1 billion in its biggest ever RMBS issue and pricing at tighter margins than its previous deals this year. read more