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Finance companies such as Latitude Financial and Humm that rely on partnerships with retailers to originate much of their lending have the most to lose if the laws currently exempting retailers from h.. read more

Middle tier banks such as AMP are bleeding market share in home lending as major lenders tighten their grip on mortgage activity. read more

The financial problems afflicting longstanding vacuum cleaner retailer Godfreys loom as a potential source of bother for users of three buy now pay later schemes read more

Macquarie Bank appears hellbent on continuing to build market share across its mortgage lending business this year following a decision to cut the cost of most of its variable rate home loans. read more

Commonwealth Bank has hit back at union claims that it is set to sack more than 20 staff employed in branches earmarked for closure in coming months. read more

National Australia Bank appeared to consolidate its dominant position in Australia’s health payments market in 2023, but a blowout in management expenses crunched the profitability of its HICAPS busin.. read more

Zip Co’s share price rocketed to almost a 12-month high on Monday after the company revealed that it expects to report pre-tax earnings of up to A$33 million for the six months to the end of December. read more

Commonwealth Bank has handed itself an early Christmas present that could potentially shield it against expensive compensation claims from business customers who suffer financial losses during banking.. read more

As the ranks of Australia’s loss-making buy now pay later sector steadily thin out, the industry’s second largest provider Zip Co Limited is facing a material refinancing challenge in 2024. read more

The rate of unionisation across the Australian financial services sector fell to a new low last year as banks shuttered hundreds of branches and accelerated rollouts of digital platforms. read more