Businesses drag out payments to suppliers 19 June 2014 3:47PM The latest round of invoice payment data analysis by Dun & Bradstreet has shown business-to-business payment times slowing to an average of 56 days during the first quarter of 2014, the lowest rat.. read more
GE Capital Finance likely to be fined $1m for misleading customers 18 June 2014 3:56PM GE Capital Finance Australia is likely to pay a penalty of A$1 million as part of an agreement with the Australian Securities and Investments Commission. read more
Visa and the ACCC in court for a directions hearing 18 June 2014 3:52PM The Australian Competition and Consumer Commission's case against Visa continues to grind on with no formal trial date sent. read more
Deloitte report backs 'Coles Bank' 13 June 2014 3:33PM An internal Deloitte Access Economics report on competition in the financial services sector, commissioned by Coles, argues in favour of keeping barriers to entry as low as possible, allowing new non-.. read more
RBNZ raises OCR to 3.25 per cent 12 June 2014 5:25PM As had been widely tipped, this morning the Reserve Bank of New Zealand increased its Official Cash Rate by 25 basis points to 3.25 per cent. read more
Banks struggle to keep their apps visible 12 June 2014 3:35PM The explosive growth of applications has changed the app world to the point where banks may require a new approach to their deployment, according to technology analyst firm Gartner. read more
Crowd sourced equity funding blueprint 06 June 2014 4:24PM The Corporations and Markets Advisory Committee has released its report on crowd sourced equity funding, following extensive consultation. The report recognises the key role that CSEF may play in the.. read more
Stargate to be beamed up into Rubik's enterprise 05 June 2014 4:08PM Yesterday the ASX-listed software company Rubik Financial announced it had acquired Stargate Information Systems for an upfront amount of A$20 million, with a further payment of up to $15 million, sub.. read more
ASIC cuts staff, cuts market surveillance 05 June 2014 4:07PM Yesterday, executives from the Australian Securities and Investments Commission appeared before the Senate Estimates Committee to outline the effect of Budget cuts and to update the Senate on the prog.. read more
Comment: Student loans you can bank on 30 May 2014 4:22PM There have been plenty of fireworks this week over the Australian federal government's proposed changes to higher education funding. read more