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The maximum income for a single participant in the Commonwealth’s new shared equity scheme will be $90,000, Program Directions for the Help to Buy scheme show. read more

Expect bank dividends to be slashed under severe climate risk scenarios, while bad debts (at 5 times the base case) will be dreadful, with the industry facing 20 years of losses. read more

New Zealand is dreaming of a ‘digital cash’ version of the NZD currency. The only form of money “backed by the government and available to the public” is the promise. But the public isn’t being told a.. read more

A bank branch (mainly NAB’s) closed in regional Australia every 5 days since a Senate inquiry into bank closures in regional Australia was announced early last year. read more

In certain industries insolvency risks are soaring – but not in the industries a casual observer might expect, the March 2024 CreditorWatch Business Risk Index reveals. read more

A human-centric credit process will remain a hallmark of RedZed’s business as it shifts its risk appetite toward much higher value lends. read more

AMP will take until early 2025 to roll out AMP Bank’s new digital small business proposition. read more

Maslow is not only a pre-revenue fintech, it is pre-product and pre-build and one conceived, so far, on audacious idealism and high convictions that this really is one start-up that will change the wo.. read more

An IPO for a 49 per cent stake in Kiwibank and an NZX listing is on the cards. read more

Major banks have entered into a joint venture with Experian to buy illion, reducing the ranks of credit bureaus to three. read more