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Buying a house with a home loan is no more of a strain than it used to be and may even be easier for lower income families than in the past. New estimates on housing costs by the Australian Bureau o.. read more

Victoria Teachers Mutual Bank hopes to arrest its margin decline over the coming financial year, with the bank aiming to source more funds from the wholesale market at rates cheaper than deposits. read more

Investors in the least well secured of the funds operated by Provident Capital can expect a final return in the range of 17 cents to 19 cents for every dollar of capital, says PPB Advisory, the firm.. read more

A reduction in the net interest margin of 25 basis points ate into the net profit of bankmecu in the year to June 2013. read more

A South Australian mortgage broker faces five counts of providing false or misleading information to secure home loans from Westpac worth more than $500,000. read more

Bendigo and Adelaide Bank is investigating a new integrated lending system and management reporting system, Standard & Poor's disclosed, in a periodic review of the bank's "servicer rating". Thi.. read more

Genworth Financial may defer its planned sale of a 40 per cent stake of its Australian business to 2014 as banks adapt to Basel III rules on capital and work out their demand for mortgage insurance. read more

The Financial Conduct Authority has fined Clydesdale Bank for failing to inform its customers clearly of their rights after the bank miscalculated the repayments on more than 42,000 mortgages. read more

Mutual bank status is a net benefit for mutually owned credit unions and building societies that make the switch, Standard & Poor's argued in a report yesterday. Since September 2011, 10 credit.. read more

Receivables on the David Jones American Express co-brand card remain on the disappointing side. The retailer said yesterday that they stood A$333 million at July 2013. read more