SME credit demand surges

Almost 30% of Australian SMEs believe they would be at risk of insolvency or would need to close the doors immediately if they were to lose a major client or supplier, the SME Growth Index from ScotPa.. read more

Vale Graham Hand

Graham Hand, author of the expose Naked Among Cannibals has died at the age of 66. read more

NAB admits to failure on hardship requests

National Australia Bank and its subsidiary Advantedge are defending proceedings bought by ASIC that it failed to respond to debtors’ hardship notices as required by the National Credit Code. read more

PEXA plays by its own rules

Interoperability is coming to the property settlement domain and PEXA’s deliberate attempts to entrench its monopoly won’t wash. read more

Second bank levy, tied to branch footprint

Banks would have to meet a minimum level of service in regional areas or contribute funding to bolster the number of branches and ATMs offered by other institutions, in a proposal put forward by Treas.. read more