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Australia's biggest credit union, Credit Union Australia, reported a fall in underlying net profit to $36.7 million for financial year 2008, down from $44 million a year before.Net profit attributable.. read more

The sudden departure last week of long-serving managing director Graham Olrich from Credit Union Australia, has left a space at the top of Australia's biggest credit union. read more

Owner-occupied housing finance commitments have continued to tumble, falling two per cent in August, with the non-bank sector desertion accelerating, according to seasonally adjusted Australian Bureau.. read more

A 12 per cent increase in revenue to $444 million has boosted fleet management company LeasePlan Australia's interim profit before tax by 31 per cent to $17.2 million, for the half year to June 2008. read more

The spring selling season helped lift new business at Australian Finance Group in September. AFG said the value of new mortgages increased ten per cent for the month to $2.1 billion. read more

Rabobank household deposits fell 10 per cent in August 2008, from $841 million to $757 million, according to Australian Prudential Regulatory Statistics. The reason is that RaboPlus, the bank's intern.. read more

Launching the First Home Saver Account (FHSAs) at NSW Teachers Credit Union yesterday, the Minister for Housing Tanya Plibersek told media the Treasury estimates that around 730,000 people will save a.. read more

The worth of retail deposits in the current extremely tight funding environment has been invaluable over the past year, with Commonwealth Bank continuing to outpace the competition in collecting house.. read more

National Australia Bank business deposits have decreased over the last two months, according to APRA's monthly banking statistics. read more

Roy Morgan Research yesterday published monthly data on bank customer satisfaction that included foreign banks for the first time, and the ratings are very favourable. read more