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CBA results will be ‘messy’: Morningstar
25 July 2018
mortgagebusiness

The major bank is expected to deliver a $9.9 billion cash profit when it reports its earnings next month, but major regulatory changes and demerger plans are muddying the forecast.

Auction clearances in capital cities fall by 6.8%
24 July 2018
mortgagebusiness

The combined capital city auction clearance rate fell by 6.8 per cent in the June 2018 quarter, according to new data from CoreLogic.

Former HSBC boss to join Westpac board
24 July 2018
Appointment, handshake, HSBC, Westpac, board, join

The big four bank has appointed a former CEO of HSBC (Hong Kong) as a new independent non-executive director to the board as well as a member of its risk and compliance committee and Asia ...

LATEST PODCAST: Non-major rate changes, Bankwest focuses on brokers and Westpac leaves SMSF space
23 July 2018
LATEST PODCAST: Non-major rate changes, Bankwest focuses on brokers and Westpac leaves SMSF space

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

Why bank loans are so high despite the cash rate being so low
23 July 2018
Andrew Way, bank loans, cash rate, RBA, Reserve Bank of Australia

The RBA cash rate and its effect on bank rates for deposit and loan products is not an arbitrary fixture and almost never joined at the hip to the RBA cash rate.

Fitch rates Macquarie Group
20 July 2018
mortgagebusiness

Macquarie Bank Limited has received A credit ratings, but its parent company’s earnings are expected to remain “more volatile” than that of Australian retail banks. 

Analysis: Is SMSF lending on the chopping block?
19 July 2018
Question mark, SMSF lending, Westpac, AMP, David Murray

With Westpac and its subsidiaries bowing out of the SMSF lending space, the future of this niche offering is uncertain.

ANZ, NAB deny misconduct in agribusiness cases
19 July 2018
mortgagebusiness

The major banks have denied that their treatment of agribusiness customers amounted to misconduct.

LATEST PODCAST: Wayne Byres on mortgages, trusted brands and broker remuneration
16 July 2018
LATEST PODCAST: Wayne Byres on mortgages, trusted brands and broker remuneration

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

Westpac pulls out of SMSF loans
16 July 2018
Westpac bank, SMSF loans

A big four bank has announced that, by the end of this month, it will no longer offer self-managed super fund loans for new consumer or business lending.