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ANZ eyes ‘widened’ gap between wages and home loans

The major bank has questioned whether the growing difference between credit growth and wage growth will ever reach parity.

mortgagebusiness
New lender banks on growing foreign investment

AAFH Capital, a new financial services provider, has benefitted from an influx of demand from foreign investors, non-residential borrowers and expatriates looking to have a share of the ...

mortgagebusiness
Govt guarantee has driven risky lending: Research

A researcher from the University of Sydney Business School believes that government protection has encouraged the major banks to take risks and drive strong credit growth in recent years.

mortgagebusiness
ANZ rate-rigging fine ‘doesn’t measure up’

Peer-to-peer lender RateSetter has criticised the size of the fine paid by ANZ to settle its BBSW case with the corporate regulator.

mortgagebusiness
NAB to pay $50m in rate-rigging settlement

NAB will pay a $10 million penalty and $20 million in costs as well as donate a further $20 million to a consumer protection fund after settling its bank bill swap rate (BBSW) legal action ...

mortgagebusiness
Blockchain systems, channel shopping and positive credit reporting

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping Australian mortgages.

Blockchain systems, channel shopping and positive credit reporting
Non-bank lender breaks the $9bn barrier

One of Australia’s largest non-bank lenders has added more than a billion dollars to its loan book in just four months, taking it past $9 billion in mortgages under management.

mortgagebusiness
ANZ watching mortgage book ‘like a hawk’

The major bank has delivered an impressive 18 per cent profit but warns that the ability of highly indebted Australian households to withstand shocks has “diminished” over the last 12 months

mortgagebusiness
‘Major adjustment’ in house prices when rates rise: Westpac

Leading forecaster Bill Evans doesn’t think that the RBA will lift rates anytime soon. The Westpac economist, however, has cautioned that — if he’s wrong — house prices will see a serious ...

mortgagebusiness
APRA eager to wind back lending curbs

Speed limits on investor lending and other macro-prudential measures were always intended as a “temporary” solution, according to APRA chairman Wayne Byres.

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