Axsesstoday Sale Completed
Unsecured creditors of Axsesstoday will receive around 34 cents in the dollar. Read more
Corporate Loan Market Yields To Non-bank Funders
Record low deposit rates and falling bond yields, along with reduced risk appetite for lending to the commercial propert... Read more
Fair Go Finance Changes Hands
International fund manager Skybound Capital has paid $20 million to take a 60 per cent stake in local fintech Fair Go Fi... Read more
Itâs Now Or Never For Silver Chef Recapitalisation
With only days remaining before its lenders put Silver Chef into administration, the finance companyâs directors ha... Read more
ANZ To Maintain Corporate Business In PNG
ANZ has sold its retail, small business and commercial banking businesses in Papua New Guinea to Kina Bank, a subsidiary... Read more
Thorn Says No To Consolidated Offer - For Now
Consumer finance company Thorn Group has knocked back an offer for its business finance division but says it is open to ... Read more
P&N Ready For Consolidation
P&N Bank will realise A$5 million savings from bcu once the two mutual ADIs merger in November. Read more
Silver Chef Back To The Chopping Board
A second attempt by private equity group Next Capital to acquire Silver Chef, or its assets, has failed and the struggli... Read more
Briefs: MoneyMeâs IPO , RBA Ok Going Low
MoneyMe Financial Group is previewing an IPO with fund managers. Read more
CML Group Buys Classic Funding
Receivables finance company CML Group will increase its invoice discounting business five-fold with the acquisition of C... Read more
Australian Unity Keeps Its Fund Raising Simple
Financial services group Australian Unity has tapped the little-used simple bond market, launching two new series bonds ... Read more
Zip Buys Local Spotcap Operation
Retail finance provider Zip Co is moving into the small business lending market, with the acquisition of the Australian ... Read more
Silver Chef Rescue Sours
Silver Chefâs takeover deal with Next Capital has fallen through, casting a cloud over the future of the struggling... Read more
Macquarie Raises Capital For Investment
Macquarie Group - looking for A$1 billion of new equity for investment - has launched a non-underwritten institutional p... Read more
CBA Pushes Workaround To Lock In CommInsure Sale
CBA intends to follow an alternative path for divestment of its Australian life insurance business, CommInsure Life, to ... Read more