Lender

The non-major lender has announced the retirement of its managing director and CEO, Nicholas Moore, whose replacement has also been announced.

The banking revolution is “not around the corner” and will not “transform the industry and sweep away old institutions”, according to productivity commissioner Stephen King.

Thousands of Australian mortgagors could be “trapped” with their existing lenders as credit criteria become increasingly stringent, according to a new study.

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.

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

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 ...

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

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.

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. 

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