Increased funding costs and a reduction in available credit saw Virgin Money scale back on residential mortgage origination at the start of May.
The Rudd Government’s budget delivered overnight is not expected to completely dampen inflationary pressures in the economy.
The Federal budget delivered last night included several measures to combat housing affordability.
HSBC has announced it made a strong start to the year despite turbulence in global financial markets.
Westpac and St George this morning announced they had agreed on key terms for a proposed merger of the two companies.
PMI Australia is performing well despite overall losses tabled by US parent PMI Group, first quarter results released overnight revealed.
Rising interest rates are curbing consumer demand not only for home loans but also personal and commercial loans.
After years of growth broker numbers look set to fall as tough market conditions and commissions restructuring bite.
Westpac announced this morning that it is in merger discussions with St George Bank.
Industry heads have been “working tirelessly” to delay the in...
Former Bluestone executive Royden D’Vaz has joined Loan Market ...
The federal government’s funds manager has revealed the recipi...