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One corner of Macquarie Group's business where the outlook is more subdued is the lending business, which has an Australian focus and in which mortgages, funded through the Puma program, are a key con.. read more

La Trobe Financial Services and FirstMac have been added to the Mortgage Choice lender panel, following on from four additions last financial year. read more

Adelaide bank shareholders overwhelmingly voted for the Bendigo merger, with 98 per cent of ordinary shares voted in favour. Not that many Adelaide shareholders turned up for the wake. read more

ING Direct has picked up its level of customer acquisition. Quarterly data published by NG Groep overnight show the bank's Australian business increased customer numbers to 1.52 million at September 2.. read more

Credit union and building societies increased residential lending a little below system at 12.9 per cent for the financial year to 2007, continuing market share losses for the predominately mortgage f.. read more

The annual KPMG Building Societies and Credit Union Survey 2007 identified no signs of decline in credit quality for building societies and credit unions for financial year 2007, with both financial s.. read more

The Australian Finance Group's "mortgage index" - really a fancy label for their monthly new sales report - for September showed an abrupt drop of 21 per cent in residential lending that month as borr.. read more

Debtor financing company Oxford Funding, a wholly owned subsidiary of Bendigo Bank, has formed a strategic relationship with China Merchants Bank to support entry into the factoring market servicing c.. read more

New England net profit after tax increased 33 per cent to $3.9 million for financial year 2007, driven by strong lending and a 0.9 per cent return on assets. read more

Westpac's mortgage business is following market trends in Australia, and gaining market share in New Zealand. In Australia total housing loans increased by 12 per cent for the year to $125 billion, wi.. read more