Lender

“Subdued” market sentiment, credit policy and process changes have been the cause of ANZ’s below system mortgage growth, CEO Shayne Elliott has conceded.

Most Australians are not getting ahead financially, with Generation X experiencing the brunt of financial burdens, a new report has found.

The major bank’s net interest margin has been strengthened by its out-of-cycle mortgage rate hikes, contributing to quarterly cash earnings of over $2 billion.

ASIC’s decision to undertake a review and consider changes to responsible lending guidelines will be “credit positive” for the mortgage industry, according to Moody’s Investors Service

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

The non-major bank’s net profit after tax has dropped by 4.7 per cent, coinciding with weaker home lending performance.

The corporate regulator has announced that it will undertake a review and consider changes to its responsible lending guidelines off the back of the banking royal commission. 

The federal government has tabled legislation designed to improve access to credit for Australia’s small businesses.  

The value of total home loan commitments fell by 4.4 per cent over the month in December, according to the latest ABS data.

A major bank and its subsidiaries, along with Macquarie Bank, have changed interest rates on a range of loans for both owner-occupiers and investors.