Search Results

Showing 451 - 460 of 531 results for "consumer"

CEFC signs $50m asset financing agreement with Firstmac

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 JUL 2015  |  NEWS
... Firstmac's existing 25,000 mortgage customers, particularly for vehicle and solar opportunities," CEFC said.. Additional consumer interest is expected to be driven through Firstmac's online platform, loans.com.au. Commercial interest will be driven through ...

Investors, payday lenders engage on lending practices

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUL 2015  |  NEWS
... arrangement and agreed to refund more than $100,000 to consumers "following concerns raised by ASIC that it breached consumer credit laws and engaged in misleading conduct," according to an ASIC announcement. "Money3's 'fixed fee' loan (also promoted ...

CEFC provides $100m financing for Origin Solar Servicing

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 JUL 2015  |  NEWS
The Clean Energy Finance Corporation (CEFC) is providing a 12-year $100 million financing deal to Origin Energy, to support Origin's solar power purchase agreements (PPAs) to business and residential customers. CEFC CEO Oliver Yates With the CEFC finance ...

bankmecu to participate in GABV bank investment fund

RACHEL ALEMBAKIS  |  THURSDAY, 2 APR 2015  |  NEWS
... is a game changer, in terms of smaller banks being able to compete with the behemoths in the market. That's changing consumer behaviour as well as the change in technology as well."

ASIC issues report on payday lending

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAR 2015  |  NEWS
The Australian Securities and Investments Commission (ASIC ) has warned the payday lending industry to improve its consumer protections or face more enforcement action. ASIC issued a report recently that found that some payday lenders are "engaging ...

Investors to engage with payday lenders over practices

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2015  |  NEWS
... bad debt risk, and therefore the perception of predatory lending is lower. In addition, ASIC has strong oversight of consumer lending with several recent prosecutions." Credit Suisse notes that Thorn Group is a leader in "wanting good practices in the ...

Social, regulatory risks to growing payday lending market

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2015  |  NEWS
... its report. "The financially excluded in Australia have increasingly relied on alternatives such as payday lending and consumer leasing to access cash and household goods. Improvements in technology have led to numerous start-ups in this segment of the ...

Teachers Mutual Bank, NAB on "most ethical" list

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 MAR 2015  |  NEWS
Teachers Mutual Bank and National Australia Bank (NAB) are the two Australian companies to be listed in the Ethisphere Institute's Most Ethical Companies for 2015. The two banks joined Brazil's Banco do Brasil S.A. in the Banks: National category of ...

Future Super founders to launch Future Home Loans

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 FEB 2015  |  NEWS
... from a fossil fuel free lender, which hits that market in the middle." Future Home Loans will launch nationally with a consumer-driven campaign, Verwey said. Meanwhile, Future Super has reached 1550 members and has more than AU$35 million in assets under ...

VFMC to divest from tobacco holdings

RACHEL ALEMBAKIS  |  FRIDAY, 20 FEB 2015  |  NEWS
The Victoria Funds Management Corporation (VFMC) has announced that it will divest from direct investments in equity of tobacco manufacturers. VFMC is a AU$46.6 billion state-owned funds manager for a number of public authorities and bodies. Divestment ...