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The federal government will classify buy now, pay later options as credit products, as part of sweeping changes to protect both consumers and the industry. Here's what it means in practice.

Under government reforms, schemes to be regulated as credit products in Australia

Australian shares finished lower after US debt ceiling talks failed to make progress in the absence of President Joe Biden. Look back on the day's events as they happened with our markets blog.

The booming and "unchecked" buy now, pay later sector will be regulated amid calls to better protect consumers against its "growing dangers". Financial

More than 350,000 zero-interest loans have been given to those on low income since 2003 – and experts say the financial alternative has changed lives

Buy now, pay later services, including Afterpay and Zip Pay, will be regulated under the Credit Act and required to obtain an Australian Credit Licence under proposed changes by the federal government.

After adding a few too many items to your online shopping cart, you head over to the payment page to check out. Alongside the usual credit card and PayPal payment fields, you see an enticing new option. A colourful button offers to allow you to spread your payment over several…

Klarna, a pioneering fintech startup, seeks a rebound after a year marked by layoffs and a plummeting valuation.

With inflation squeezing budgets, more consumers are turning to instant credit apps to make ends meet.

If you've found yourself sinking in debt-filled quicksand, find out what you can do to help drag yourself out.

A worrying picture is emerging for Tasmanians struggling with cost of living increases, with many young women and family violence survivors using 'by now, pay later' services for essentials like food and groceries.