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The Australian Prudential Regulation Authority (APRA) has clarified whether home loan providers should include debt accrued through buy-now-pay-later schemes when assessing a borrower's debt-to-income ratio.
Fintechs announce merger.
Westpac chief executive Chris de Bruin said though higher rates would cause difficulties for some people 'at the margin', the vast majority of consumers and businesses could handle the increases.
Australia and New Zealand Banking Group Ltd (ASX: ANZ) is forging ahead with its stablecoin rollout, A$DC. Here’s the latest...
Banks will hold repayments steady if customers are ahead on repayments, raising questions about the ‘transmission mechanism’ as customers’ budgets don’t change.