Economy

Research commissioned by the MFAA has revealed that mortgage brokers retained a majority share of the mortgage market in the December quarter.

AMP Bank has seen a significant increase in the use of AMP-aligned financial advisers as a distribution channel for the lender’s residential mortgages.

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.