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Hunter credit unions join forces

Three Hunter Valley-based credit unions have announced plans to merge. ...
October 29, 2021
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...
October 16, 2007

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

October 15, 2007
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 ...
October 15, 2007
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...
October 12, 2007
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...
October 04, 2007

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

October 02, 2007
Macquarie's September $500 million RMBS PUMA bond issue may have seemed like small fry compared to the deals done prior to the August US sub-prime crisis, but it marked a signi...
September 28, 2007
Ongoing consolidation in the banking sector hit the headlines again in September with the Australian Competition and Consumer Commission (ACCC) rubber-stamping the $4 billion B...
September 17, 2007
Capital First has completed its transition to a non-conforming lender, agreeing to sell its $620 million prime portfolio to ASX-listed mortgage and financial services group Fir...
September 11, 2007

Despite continued strong economic growth, the Reserve Bank of Australia (RBA) has left interest rates unchanged.

September 05, 2007
John Park has been appointed finance leader of MGIC Australia as the company continues its growth strategy. Park will be responsible for leading the company’s finance tea...
September 05, 2007
GMAC-RFC has stepped up its relationship support for its wholesale lending arm, GMAC-RFC Partners, with the appointment of Julie Hutchinson as relationship manager for Queenslan...
September 05, 2007
Capital First, a GMAC-RFC company, has expanded its operations with the appointment of James Kearny as business development manager (BDM) in New South Wales. Previously a BDM w...
September 05, 2007

Bank of Queensland (BoQ) managing director David Liddy stresses building scale and reach are the main drivers of the bank’s strategy over the immediate future.

September 03, 2007
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Wisr reports 113% loan book growth

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