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Growth
ACCU tables $5.96m profit despite funds cost increase
by Staff Reporter • 20 Feb 2008
Australian Central Credit Union (ACCU) has reported a satisfying financial performance for the half year to December...
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Demand for no-deposit loans reaffirmed
by Staff Reporter • 19 Feb 2008
Mortgage products requiring little or no deposit look set to thrive because of Australian’s inability to save.
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Non-involvement with risky loans pays off for Wide Bay
by Staff Reporter • 19 Feb 2008
Wide Bay Australia yesterday reported an after tax profit of $8.23 million for the six months ending 31 December 2007.
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Odds for consecutive rate rise at 95pc: Reuters
by Staff Reporter • 19 Feb 2008
The RBA is almost certain to lift interest rates again in March, according to a Reuters survey of 22 economists.
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Bendigo reports 34.1pc rise in net profit
by Staff Reporter • 18 Feb 2008
Bendigo Bank today announced a net profit of $72.8 million for the six month period to 31 December.
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Northern Rock to be nationalised
by Staff Reporter • 18 Feb 2008
UK Chancellor of the Exchequer Alistair Darling has rejected Virgin Money’s bid for Northern Rock over the...
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UBS posts record losses as sub-prime crisis bites
by Staff Reporter • 15 Feb 2008
European banking giant UBS yesterday posted a shocking fourth quarter loss of US$13.7 billion ($15.2 billion).
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Unemployment hits record low
by Staff Reporter • 15 Feb 2008
The unemployment rate fell to a 33-year low in January of 4.1 per cent.
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'Natural selection' to drive market consolidation
by Staff Reporter • 12 Feb 2008
Consolidation has been tipped once again as the future for mortgage lenders The Advertiser reported today.
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Consumer appetite for debt slows
by Staff Reporter • 12 Feb 2008
Australian consumers have become increasingly cautious about taking on extra debt, the Veda Advantage Credit Demand...
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