Perth-based financial services firm Kikka Capital has partnered with a US financial technology firm to launch an Australian-first online lending platform aimed at small to medium-sized businesses,
Wall Street stocks have finished lower after positive economic data lifted speculation the US Federal Reserve could move more quickly to raise interest rates.
The Australian share market got to within five points of the 6,000 points mark on Monday but then fizzled out, with no major corporate or economic news to maintain momentum.
The Australian dollar is one US cent firmer after a voting member of the US Federal Reserve argued that American interest rates should stay near zero for quite a bit longer.
The Australian dollar has surged by two-and-a-half US cents after the US Federal Reserve surprised financial markets with weaker American growth forecasts, before falling back.
US stocks have finished mostly lower ahead of a closely watched Federal Reserve policy announcement, while the Nasdaq rose on news of a potential new Apple television venture.
The corporate watchdog is threatening to come down hard on payday lenders as a report shows the industry remains rife with questionable lending practices.
The Australian dollar is marginally weaker as disappointing American factory data dents the greenback ahead of the US Federal Reserve's monetary policy meeting.
The share market has started the week on the backfoot as cautious investors sit on the sidelines in the lead up to this week's US Federal Reserve meeting.