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By: Staff Reporter
AFG has added Wide Bay Australia to its growing panel of residential lenders.
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Australia's fifth largest building society will now distribute residential finance in all states and territories across Australia.
Last month, the mutual recorded a $9.585 million profit for the six months to 31 December 2009 – 16.5 per cent more than corresponding period in 2007/08.
But despite its increase in profit, overall lending for the six months fell almost $60 million, from $266 million to $209 million.
