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Building societies recorded growth in housing lending of 11.2 per cent for the year to June 2007, a little off the pace of the wider market. Growth was stronger in the final quarter at 3.8 per cent. read more

The boards of Companion, Hunter United and Phoenix, three Hunter Valley based credit unions, said yesterday they agreed to pursue an amalgamation. The expanded credit union would have 17 branches from.. read more

Savings & Loans, Australia's third-largest credit union, yesterday said it recorded an  eight per cent increase in net profit to $16.1 million. read more

Virgin Money said it will introduce price discounts in the third and fifth year of a home loan and also allow customers to take a repayment holiday of 12 months at any stage during a loan. read more

The latest property prices index from RP Data and Rismark - constructed using the pair's hedonic method that allows for the characteristics of different dwellings - shows a 6.6 per cent increase in th.. read more

The banking profit increased at Police & Nurses credit union in 2007, but property is dragging earnings down for the West Australian mutual. Banking profit increased a third to $16.1 million. Grou.. read more

"The first six months were very poor, the last six months was a decided improvement", said Collection House CEO and managing director Tony Aveling. "This is the first step in the turnaround".Aveling s.. read more

Perth based alternative finance group ThinkSmart, which listed in early June 2007, reported a half-year profit after tax of $2.3 million. This places the company on target to meet the December 2007 pr.. read more

•    Net profit after tax $8.1 million, up 76 per cent from financial year 2006•    EBITDA $16.4 million, up 30 per cent, outperforming prospectus by 2 per centRP Dat.. read more

A late release of the RP Data profit just before the market close yesterday provided a spring to the data vendor's share to just shy of $2, still below its four-month trend. read more