CBA boosts investment in new payment provider
Malavika Santhebennur
Swedish buy now, pay later provider Klarna has officially launched in Australia, with major bank Commonwealth Bank of Australia rolling the ...
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Coronavirus threatens health of Aussie economy
The coronavirus could drag Australian GDP growth close to zero for this quarter, and the situation could get worse before it gets bett...
FHBs undeterred by property price rally
The rapid rebound in residential property values has not been enough to dampen the spirits of first home buyers who remain intent on entering the market, new research has found.
RBA granted additional breathing space as inflation ticks up
A February cut to the cash rate is “materially” less probable, with the latest inflation data building on positivity from stronger than ...
FinTech Australia accuses majors of ‘anti-competitive’ behaviour
Regulatory hurdles and anti-competitive conduct from the major banks have been cited as commonly faced issues for newcomers in their quest t...
Warning issued to bushfire-affected banking customers
An industry group has issued a warning regarding scammers requesting sensitive information from bushfire-affected banking customers.
Lender executive to step down
A non-bank has announced that its chief financial officer of four years, Edoardo Bigazzi, will be stepping down from his role in March, and...
Pepper secures $617m for asset finance lending
The non-bank lender has secured $617 million in funding from its second term transaction of asset finance ABS receivables.
Clearance rates, auction volumes bounce
A “significant increase” in clearance rates and auction volumes was reported over the December quarter, according to CoreLogic research.
Government launches new inquiry to bolster competition
The Morrison government has commissioned a new inquiry into the Consumer Data Right, which aims to further empower consumers and “overcome” product switching barriers.
