Economy

Brokers are well placed to fill a critical gap in the growing SME space, according to a new study.

Australia’s mutual lenders have hinted at the need for a national mortgage broker register after estimating 40 per cent of loan writers are owned by the major banks.

One-third of SMEs say they have “no ultimate plans” for their business, according to a new study.

Morningstar analysts have flagged, as a “central theme”, slower growth in the Australian banking system over the coming years.

A listed mortgage group has revealed plans to provide predictive and reactionary analytics as it transitions to the cloud.

LMI provider Genworth has conceded it will feel the “full effect” of a major bank’s decision to terminate its agreement with the group.

Weak confidence has been a recurring theme among Australian banks this reporting season.

The federal government has been urged to lead the push for a national first home owner grant system that would apply to all housing.

Non-bank mortgage provider Homeloans Limited has acquired one of Queensland’s longest-established non-bank lenders.

The major banks have kept an estimated $7 billion from their variable-rate home loan customers by not passing on the full Reserve Bank cash rate cuts since November 2011, according to ...