FCA calls for inclusion of a savings buffer in responsible lending rules 14 July 2016 3:49PM Financial Counselling Australia, the peak body for financial counsellors, has called for the inclusion of a savings buffer in responsible lending requirements. read more
CFOs prepared to take more balance sheet risk 14 July 2016 3:44PM The risk appetite among Australia's chief financial officers has picked up this year, Deloitte reports in its latest CFO Sentiment survey. read more
Scottish Pacific to use float proceeds to ramp up awareness of debtor finance 13 July 2016 4:36PM Debtor finance company Scottish Pacific is betting that the growth in its business resulting from several recent acquisitions will give it the size to beef up its marketing and increase awareness of d.. read more
Australians ready for biometric security 13 July 2016 4:32PM About two-thirds of Australians who have suffered from misuse of their personal information would be willing to use fingerprint technology as a security measure in future. read more
Credit card debt paydown stalls 13 July 2016 4:30PM The big push by Australian consumers to reduce their credit card balances may have come to a halt. read more
Breach of Code of Banking Practice will not always terminate a loan contract 12 July 2016 4:23PM A loan guarantor has failed in a bid to be relieved of his guarantee obligation, after claiming that the loan contract should be terminated because the lender failed to meet its commitments under the.. read more
Investor mortgage lending spikes 12 July 2016 4:19PM New mortgage lending to property investors spiked up in May, while lending to owner-occupiers fell. read more
Further tightening in mortgage underwriting standards 11 July 2016 4:08PM Mortgage aggregator AFG's latest market update shows that lenders continue to tighten their underwriting standards, with a reduction in the average loan-to-valuation ratio and a fall in the proportion.. read more
ACCC warns merchants not to re-badge their surcharges 29 June 2016 4:45PM The Australian Competition and Consumer Commission has warned merchants not to try and avoid coverage under the new card payment surcharge standard by introducing "service fees" or "handling fees" in.. read more
BPS and Gruden joins forces in payments and marketing initiative 29 June 2016 4:43PM BPS Technology, the operator of the BarterCard system, has teamed up with Gruden Group, a digital marketing company, to offer a combined payments, rewards and marketing service. read more