Teachers Mutual’s mortgage lending soars
Teachers Mutual’s grew its mortgage portfolio by three times the industry average over the past financial year and now has more than 200,000 members.
Moody’s Analytics says natural disasters raise, albeit temporarily, the risk of mortgage delinquencies in affected areas.
The demise of the 178-year-old Thomas Cook is expected to reduce earnings Webjet had anticipated from its WebBeds accommodation business by up to $7 million.
BHP expects to meet all customer commitments on iron ore shipments, despite maintenance at two of its WA mines.
Northern Star has waived all conditions of its $242.6 million August takeover offer for fellow West Australian goldminer Echo Resources.
ANZ has completed the previously announced sale of its retail, commercial and small-medium sized enterprise businesses in Papua New Guinea to Kina Bank.
Analysts from ANZ, Commonwealth, NAB and Westpac all predict the Reserve Bank of Australia will cut the cash rate in October.
APRA has lost its case against wealth manager IOOF over superannuation, with the court ruling against it on every count and awarding IOOF costs.
Premier Investments’ profit is up on sales at Peter Alexander and Just Jeans, and would have done even better were it not for Brexit headwinds.
Cost efficiency is expected to offset slightly lower FY20 revenue for dual-listed app payments system Pushpay.
The unemployment rate edged higher to a seasonally adjusted 5.3 per cent in August, hinting that more stimulus may be needed to eat into labour market slack.
Washington H Soul Pattinson’s full year profit has dipped on rising costs and as its Round Oak Mineral subsidiary slumped to a big loss.
Brickworks’ full-year profit has been dragged down 11.9 per cent against the backdrop Australia’s cooling housing market.
Energy giant ExxonMobil has placed its Gippsland gas assets on the market, the US conglomerate confirming it is “testing market interest”.
A man was located with life-threatening injuries on the Murray Valley Highway in Cohuna. It is believed the incident happened about 6am but the man was unable to be revived and died at the scene. More to come
Homicide Squad detectives have charged an Echuca man with murder following the death of another man in Daltons Bridge near Cohuna yesterday. A 29-year-old Daltons Bridge man was located with life threatening injuries at an address on Easton Rd...
Emergency services are responding to a major collision on the Goulburn Valley Hwy near Gillespies Rd. The highway is closed in both directions and is under Victoria Police control. It will re-open when it is safe to do so. Drivers have been asked to...