Volt has become the first Australian digital bank to secure a full unrestricted banking licence and is aiming to capitalise on distrust of the big lenders.
Afterpay executives say they were "absolutely distressed" by a retailer's advertising campaign that encouraged consumers who were "broke AF" to use the service.
BHP Group's second-quarter iron ore production fell nine per cent after the forced train derailment that disrupted supply.
The Australian ASX stock exchange continues its strong start to the year with Monday's close higher on the back of the energy and financial sectors.
Lending to owner-occupiers dropped by 1.4 per cent in November, while commercial and personal loans also decreased, according to fresh data from the ABS.
Australian shares have started the week higher amid renewed Sino-US trade optimism, with energy and financial stocks ahead at noon.
Sandfire Resources has approached fellow ASX-listed metals miner MOD Resources about a potential combination of the two companies.
Healthscope expects to receive a binding takeover proposal from Canadian investment firm Brookfield Asset Management by the end of the month.
The Australian share market has closed higher again after positive trade news from the US buoyed mining, energy, and tech stocks.
Ultra Tune has been fined $2.6 million in the Federal Court after the vehicle service business mislead a prospective franchisee and attempted to cover it up.
Share prices of nursing-home operators have fallen as investors brace for tighter regulation and a possible sector shakeout.
Afterpay is booming, but the company has also defended its risk to consumers ahead of an appearance at a Senate inquiry into buy-now-pay-later companies.
Rio Tinto has shipped 338.2 million tonnes of iron ore from its Pilbara operations, in line with its full-year guidance, up two per cent on the previous year.
Mining and energy stocks helped the ASX hit a new nine-week high after several encouraging earnings reports, while the financial and retail sectors also rose.
AGL has suspended sales of coal ash from its Bayswater and Liddell power stations, while a downgrade from JP Morgan has also seen its share price dip.
Home loan approvals fell by 0.9 per cent in November, and economists say the weakness in the housing market is likely to be felt for some time to come.