Influx of personal loans to combat credit card debt

Australia’s collective credit card debt is more than $32 billion dollars ($4,400 per cardholder on average) and according to Liberty, this is why more consumers now see personal loans as a viable alternative.Heidi Armstrong, head of consumer advocacy at Liberty, said...

CFOs facing ‘perfect storm’ of accounting regulation

Enterprise application software provider SAP today announced enhancements to its revenue accounting platform designed to help CFOs and chief accounting officers master new IFRS standards.Commenting on the changes, SAP Australia and New Zealand CFO Gina McNamara said:...

ACCC seeks feedback on competition law reforms

To help interested parties understand the proposed reforms, the ACCC has released a framework for guidance on how it proposes to approach two important proposals in the exposure draft bill: amending the misuse of market power provision (section 46 of the Competition...

Treasurer praises FinTech Advisory Group

The FinTech Advisory Group, chaired by Stone & Chalk chairman and Westpac director Craig Dunn, includes representatives of start-ups, incubators and corporates in Australia’s banking and finance sector. Mr Morrison said the group has already made some real...