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Showing 1 - 6 of 6 results for "Cash advance"

ANZ hit with $15m penalty for misleading customers

ANDREW MCKEAN  |  TUESDAY, 26 SEP 2023
... both the ASIC and the National Consumer Credit Protection Act by falsely indicating that customers could access a cash advance from funds listed as 'Available Funds' without incurring additional fees or interest. ASIC deputy chair Sarah Court said: "Customers ...

ANZ sued by ASIC

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... corporate watchdog today alleged that between May 2016 and November 2016 around 165,750 ANZ customers were charged cash advance fees and interest for withdrawing or transferring money from their credit card accounts based on an incorrect account balance ...

SMEs shun banks, turn to fintechs

KARREN VERGARA  |  MONDAY, 19 MAR 2018
Small-to-medium enterprises are increasingly shunning banks and turning to fintechs and alternative sources to fuel growth and operational needs, an SME growth sentiment index shows. The proportion of SMEs planning to use banks dropped from 38% to 24% ...

ME launches industry fund-branded credit cards

LAURA MILLAN  |  WEDNESDAY, 11 NOV 2015
ME Bank has partnered with three industry funds to offer superannuation members co-branded credit cards. AustralianSuper, Hostplus and Cbus are the first three industry funds to have their branding on a credit card. The initiative follows the release ...

Mac Media broaden debt with Taiwanese broadband buy

... seen the two Macquarie's take on debt worth $576 million, which MMG has financed its share worth $414 million, by a cash advance from its November 2006 IPO installment. TBC is currently the sole licensee and provider of cable TV services across Taiwan ...

ASIC acts on Permanent compliance breaches

Compliance consultants will conduct of review of Permanent Trustee (PTCL) and Permanent Investment Management (PIML) after an audit of the companies revealed several breaches of compliance law under the Corporations Act, the Australian Securities and ...
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