The Bank of Queensland’s (BoQ) bid for a merger with Mackay Permanent Building Society (MPBS) remains strong as a counter proposal from Wide Bay Limited was dismissed by ...

Lending growth in Australia is strong despite the impact of tightening global credit markets according to Deloitte.

Australian residential property prices grew by a stunning 12.34 per cent over the last year in spite of spiralling housing affordability and the impact of the US sub-prime cris...

The Federal Reserve has cut rates by 25 basis points to 4.5 per cent in response to fears of a slowing US economy.

St George Bank’s residential loan portfolio (including securitised loans) reached its 10-12 per cent annual growth target, acting chief executive officer Paul Fegan repor...

ASX-listed Firstfolio Ltd has ramped up its sales and distribution presence in the north Queensland and Gold Coast markets.

A rate rise is not expected to have a significant impact on mortgage lending, Stephen Halmarick Citi director co-head of economics and market analysis told Mortgage Busniess...

Credit defaults have increased dramatically over the past 12 months as rising interest rates and income hardships hit struggling borrowers.

Plans for Hunter Valley-based Companion Credit Union, Hunter United Employees’ Credit Union and Phoenix Credit Union to merge have been cancelled.

The PUMA Masterfund S-5 RMBS transaction – the first Australian RMBS consisting entirely of stated income loans to be issued since July 2007 – has been declared a s...

Wide Bay Australia yesterday announced an off-market takeover bid for Mackay Permanent Building Society (MPBS).

Pepper Homeloans has shelved two products and axed 19 staff members in the past two weeks as jittery capital markets continue to hurt securitised lenders.

The low doc loan market grew by 26 per cent to reach $8.4 billion last year, despite being hampered by surging interest rates said research house MISC Australia today.

Mortgage Business today announced the launch of its print publication, which will hit desks across Australia over the c...