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ASIC warns of ‘bogus bonds’
The financial services regulator has warned investors of a rise in imposter bond investment offers, suggesting practical steps to avoid them.
REGULATION • Thu, 28 Jan 2021
x15 hires non-executive chairman
CBA’s investment fintech, x15ventures, has hired its first non-executive, independent chairman and a new portfolio adviser.
LENDER • Wed, 27 Jan 2021
Loan repayment deferrals phasing out
As the COVID-19 repayment deferral period concludes at the end of this quarter, some lenders have stopped accepting new applications for deferrals.
LENDER • Tue, 26 Jan 2021
Heartland completes bond placement
Heartland Australia Group has completed a senior unsecured bond placement of $75 million.
Xinja fate is a lesson for other fintechs: GlobalData
Fintechs, including UK-based Monzo Bank, could face the same fate as Xinja unless they create a sustainable future, GlobalData has warned.
TECHNOLOGY • Sun, 24 Jan 2021
Inquiry outlines 100 ways to improve CDR
Third parties should be given “action initiation”, the final report into the Inquiry into Future Directions for the Consumer Data Right has recommended.
REGULATION • Mon, 18 Jan 2021
Hobart properties lead the way for profit
Properties in the Tasmanian capital continue to have the highest rate of profitability, according to new research.
PROPERTY • Mon, 18 Jan 2021
Government urged to establish HECS-style SME loans
The ASBFEO has called on government to fund a revenue-contingent loan scheme for SMEs to help them manage cash flow once support measures end.
LENDER • Thu, 14 Jan 2021
Brisbane unit rental prices outrun Melbourne
Rental prices for apartments in Brisbane have surged, surpassing Melbourne levels for the first time in five years.
PROPERTY • Wed, 13 Jan 2021