Feckless lending primes subversive home-buyer class action 29 September 2020 6:00AM A compensation claim of $40 billion on behalf of around 300,000 class action members; that’s the ambit of an audacious (but still not ready) class action on behalf of first-home buyers. The Commonweal.. read more
Big tech credit overshadows fintech 29 September 2020 5:56AM Returns to investors in fintech credit have declined, a global BIS study finds. read more
‘All options open’ for monetary policy 23 September 2020 6:24AM The Reserve Bank is open to “lowering the current structure of rates in the economy a little more, without going into negative territory”. read more
Aussie money ‘already digital’ 18 September 2020 6:58AM There does not seem to be a strong public policy case for any eAUD, CBDC or overhyped digital money, the RBA concludes. read more
Healthy challenges for CUA 15 September 2020 6:28AM Might mergers into health insurance be on the horizon forCredit Union Australia? Or the sell-off CUA Health and quadrupling-down on basic banking and friendly advice. read more
The inflation return in Australia 15 September 2020 6:25AM There will soon be a reckoning with the dynamics hauling against inflation and the CPI Index. Components of the index are now at 100 per cent plus. read more
Resimac mixes it up on credit 15 September 2020 6:24AM ASX-listed Resimac is waiving the $330 fee – the only upfront fee – charged for a valuation. read more
Suncorp to cut jobs 14 September 2020 5:31AM Suncorp announced 19 branch closures early last week and has now sketched out a restructure that will lead to the loss of up to 550 jobs. read more
RAB feels the wellness in Douugh 04 September 2020 5:58AM Soon to launch in Australia, financial wellness fintech Douugh, will list, or relist on the ASX, via the shell of ZipTel. Regional Australia Bank, breaking strategic ground, remains in the game as ban.. read more
Wisr steers into car finance 04 September 2020 5:54AM Will Wisr make the grade as a ‘disruptive new entrant’ in vehicle finance? They had better watch out. Plenty in the target market for $60k loans (young lawyers and their ilk) are struggling with the r.. read more