The Lending Industry SML Initiative (LIXI) has appointed the MFAA and Pisces Group to its board at an annual general meeting this week.

The September quarter’s CPI figures indicated a 0.7 per cent rise in headline inflation for an annual rate of 1.9 per cent – fuelling speculation for a November rate rise....

Commonwealth Bank of Australia’s internet-based direct lending arm Homepath has reported a net profit loss of $7.7 million in the year to end-June, reports The Austral...

The lack of new housing in Australia coupled with an influx in migration is piling pressure on the nation’s economy.

Australia will strengthen its fight against money laundering and terrorism financing through the introduction of a host of new provisions to the Anti-Money Laundering and Count...

National aggregation firm The Brokerage has recruited ex-rugby league professional Joel Caine as head of key accounts NSW/ACT. Caine’s previous roles include business developm...

Low vacancy rates and housing affordability issues will see the Federal government’s promised tax cuts eaten by spiraling rent, warns The Australian.

Three Hunter Valley-based credit unions have announced plans to merge.

Australian First Mortgage (AFM) has reported a profitable end to the 2007 financial year. Overall the business achieved a Return on Equity (RoE) in excess of 40% for the 2006-0...

CBA recently bumped up its quarterly Line of Credit reference rate by a hefty 50 basis points.

Tightening global liquidity has rattled Australia's lending industry, with rising funding costs disrupting the long-term plans of industry heavyweights. But some observers are ...

Smartline has announced plans to boost its national presence to 300 franchises over the next five years — and is eyeing off the financial services sector as the ideal mar...

As funding costs continue to rise, some are questioning whether Australian lenders are vulnerable to the same fate as UK bank Northern Rock — which has shed almost 80 per...

Westpac Bank has snapped up non-bank lender RAMS Home Loans Group’s (RAMS) franchise distribution business for $140m, it announced today.