Newcastle lags a little

Newcastle Permanent Building Society, the second largest in the sector, says its lending levels are down on 2006 but not by much. read more

ING campaign brings back customers

ING Direct is the recent star of the deposit market in Australia, with the Dutch-owned bank staging a notable recovery in volumes in recent months after a mild, but apparently expected, slump in the m.. read more

Banks push niche lenders aside

Non-bank lenders are having a poor time in the mortgage market, with October Australian Bureau of Statistics data showing bank loans accounted for 75.1 per cent of owner occupied lending, the banks' l.. read more

Smaller banks may regain market share

The Australian Finance Group's November index of monthly new sales shows flat growth year on year, with 8221 new mortgages originated in the month and only twenty more than the same month last year. read more

Broker behaviour a credit risk

The human gestation period is nine months, that of the blue whale 12 months and that of elephants 22 months. In the case of the Finance Brokers Draft Bill, it's 36 months. Whether the proposed law is.. read more