News Articles for Australian Finance Group

Fresh evidence of post mining boom malaise in Western Australia's property sector has emerged, with listed mortgage provider Australian Finance Group reporting a 13.4 per cent fall in the number of home loans in WA over the 2016 financial year.

Mortgage broking wholesaler Australian Finance Group has upgraded its profit outlook for the 2016 financial year on the back of continued growth.

Past winners of the Business News Rising Stars growth companies awards have continued to make news, particularly those with private backing.

Mortgage broking wholesaler Australian Finance Group has continued its growth run with an increase in profit for the six months to December.

SPECIAL REPORT: Livestock exporter Wellard has had a rocky start to life as a listed company after completing Western Australia's second-largest capital raising of 2015, and the state's sixth-largest initial public offerings of all time. Wellard's $299 million IPO was one of the few high points of 2015, when a lack of mining deals led a sharp slide in overall capital raising activity.

Whether or not the Wellard IPO is successful, it demonstrates there is more to WA than just resources.

The upcoming float of livestock exporter Wellard is set to be the fifth biggest in Western Australia's history, and will also stretch the market lead of investment bank UBS, according to research by Business News.

A series of major trade sales and the prospect of one of WA's biggest-ever IPOs were highlights in what remained subdued capital markets in the September quarter. Also in our special report, how a surge in backdoor listings is attracting Silicon Valley entrepreneurs.

Australian Finance Group has beaten its forecasts and lodged a net profit of $19.3 million, with the Perth-based company solidifying its status as the nation's biggest mortgage company.

Shareholders in Australian Finance Group are planning a major sell-down of their stakes in the Perth-based mortgage provider as part of a $140 million initial public offering launched today.

Australian Finance Group has appointed Chris Slater as general manager AFG Home Loans.

Mortgage broker AFG has reached a milestone with a loan book of $100 billion.

BGC is still WA's largest private company, but Hancock Prospecting looms large.

Mortgage broking wholesaler Australian Finance Group is set for a record run into Christmas, with expectations its new loan applications will soar beyond $5 billion as early as this month.

Static home values are making residential real estate a tricky proposition for investors.

WA financial services company AFG has grown over 20 years to become a major player in the national home loans market and aims to get bigger.

AFG Property is set to proceed with construction of its $87 million Richmond Quarter apartment development in East Fremantle after appointing Pindan this week as the builder.

The head of West Perth-headquartered AFG has moved to quash rumours regarding the possible sale of the mortgage broker by offering a $10,000 reward for a successful defamation case against the pers

Green energy firm Solco has established a national finance business, offering solar power products for lease through retailers and installers.

Redink Homes has signed a partnership with Australian Finance Group for its new home financing arm, SPG Finance.

Two Western Australian mortgage and finance firms have taken out top prizes at the Mortgage and Finance Association of Australia's national awards over the weekend.

BLACKBURNE Property Group is stepping up its development activities, with the launch this month of a $44 million apartment project in East Perth and a further two projects in the inner suburbs on t

Competition in the housing loans market is being bolstered by a revival of wholesale funding, with Australian Finance Group re-launching its securitisation business and Police & Nurses Credit Society launching its first-ever issue of mortgage-backed secur

The success of West Perth as a natural resources hub is all about its ability to adapt.

IN just over a decade in the market, Peard Real Estate Group has established itself as one of Perth's most successful locally owned and operated real estate groups.

Perth-based mortgage aggregator Australian Finance Group has sold its financial planning arm to ING-backed Sentry Financial Group.

Wholesale mortgage broker Australian Finance Group has launched a share buyback for up to 20 per cent of its capital, with smaller investors already accepting the deal.

Mortgage aggregator Australian Finance Group has teamed up with Perth-based wealth management adviser Plan B Group Ltd to offer a full range of mortgage products to customers.

With the ink drying on SAS Global's $61 million deal to buy the OneSteel site in North Fremantle, neighbouring McCabe Street joint-venture developer Australian Finance Group Ltd is focused on raising capital for its own acquisition.

Sales of mortgages in Western Australia declined by 12 per cent in June, matching the national slow down, according to the latest figures from Perth-based AFG, Australia's largest mortgage broker.

In the wake of recent problems facing mums and dads' accessing new residential land developments, comes further information that investors are taking an increasing role in the Western Australian property market.

Western Australia has 23 nominees in the field of 108 competing for the Ernst & Young Australian Entrepreneur of the Year 2006.

WENTWORTH Mutual Ltd's expansion strategy is gaining momentum with the listed property manager acquiring the property management business of Australian Finance Group Ltd.The 300 properties acquired by

A new study has found that Western Australians are increasingly buying their mortgages through brokers rather than through traditional lenders.

With interest rates at their lowest levels in 20 years, the Australian mortgage market has never been healthier. But as rates have begun to climb this year, the number of new loan approvals is diminishing.

Insurance companies Allianz and Tower have each acquired a 5 per cent shareholding in mortgage broking firm Australian Finance Group.

THE rapid growth in housing lending has been great news for Australian Finance Group, which has a hand in nearly 10 per cent of all new housing loans across the country.

Australian Finance Group is hardly a household name, so it may surprise some readers to learn it is one of the top players in the home loans market.