Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
SUBSCRIBE TO OUR NEWSLETTER SIGN UP
Powered by MOMENTUM MEDIA

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Healthy profit recorded for Wide Bay

Staff Reporter 1 minute read

Wide Bay Australia yesterday announced a $9.585 million profit for the last six months, an increase of 16.5 per cent compared to the corresponding period of 2007/08.

Advertisement
Advertisement
The Mutual's cost-to-income ratio also increased to 58.1 per cent for the period which compared with 55.3 per cent recorded in the previous period.

Lending for the half was down however at $209 million. This compared to $266 million for the previous corresponding period – resulting in a slight increase in the outstanding loan book.

 

Healthy profit recorded for Wide Bay
default
TheAdviser logo
default
more from the adviser
first home buyers ta Brokers wrote half of FHLDS loans

The latest figures for the FHLDS suggest that brokers assisted in...

percent arrow down ta Low repayment loan for brokers launches

Specialist lender TrailBlazer Finance has launched a new low repa...

handshake contract ta PLAN bolsters lending panel

The aggregator has announced the addition of Better Choice Home L...

FROM THE WEB