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Around 20% of Australians are providing false information to banks when applying for loans. That’s according to a report from Experian, the world’s largest credit reporting business. Why are they doing it? According to reporting by the Australian Financial Review it’s because they don’t want to be rejected for a loan by the bank. The stats revealed…

The Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) (WHSP) share price is on watch today after the company announced it’s acquiring Milton Corporation Limited (ASX: MLT). WHSP buys Milton The old investment house is going to buy Milton the listed investment company (LIC). Milton shareholders will receive WHSP shares as their payment, with Milton shares to be valued…

Buy-now-pay-later (BNPL) Zip Co Ltd (ASX: Z1P) shares have been the most traded on the ASX in recent weeks (again) according to Commsec data. After reaching highs of close to $15, the current Zip share price represents a discount of nearly 50 per cent. Could now be a good time to pick some Zip shares? Why optionality…

May was an amazing month for the Commonwealth Bank of Australia (ASX: CBA) share price, which surged 12% over the month, managing to breach $100 for the first time. What’s happening to the CBA share price? CBA has been a strong performer since the worst of the COVID-19 crash. The bank’s loan book has held up well,…

Shares in buy-now-pay-later (BNPL) Zip Co Ltd (ASX: Z1P) have been trading relatively flat despite recently providing the market with further details on its European and Middle Eastern expansion plan. Zip’s shares are up just short of 100% over the past 12 months, but still down 51% from their lofty highs reached earlier this year. Z1P share price Expansion…

Shares in ex-market darling Kogan.com Ltd (ASX: KGN) have fallen another 14% today after downgrading guidance citing warehousing and inventory complications. Today’s share price of $8.70 is another 52-week low for the company, which now means its market valuation has tumbled by more than 65% since its high in October last year. KGN share price To put…

The EML Payments Ltd (ASX: EML) share price dropped by as much as 45% on Wednesday morning. Why has the EML share price been almost cut in half? EML share price Concerns raised by the Central Bank of Ireland EML’s Irish-regulated subsidiary, PFS Card Services (Ireland) Limited (PCSIL), received a letter from the Central Bank of Ireland (CBI) that…

Shares in software company Nuix Ltd (ASX: NXL) have slumped further today along with the broader information technology sector. Nuix listed on the ASX last year at an offer price of $5.31 but rallied to highs of over $11 within the first month of trading. Now, at $3.37 per share, Nuix’s market valuation has tumbled more than…

The Nuix Ltd (ASX: NXL) share price went up around 7.5% today. It’s rebounding strongly. What’s happening? Nuix is seeing a recovery after the heavy selloff earlier in the week. It’s still down 11% from the end of last week. But now it isn’t down as much. A few days ago Nuix lowered its guidance for revenue…

Smartpay: A push on digital payments Executive Summary: Despite the potential risks, Smartpay appears to be executing well on its Australian expansion evidenced by its continued growth in active terminals and acquiring revenue. I think this upwards trajectory is likely to remain as small businesses continue to seek a lower cost EFTPOS solution with enhanced…