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ANZ appoints new deputy CEO
9 May 2018
mortgagebusiness

ANZ has announced that its group executive for wealth has been promoted to replace the major bank’s outgoing deputy chief executive who is retiring after 27 years.

Analysis: Hayne, citizenship saga take shine off 2018 budget
9 May 2018
mortgagebusiness

Every year, the federal budget whips journos into a ritualistic frenzy of anticipation that I still find odd. This year’s edition proved to be pretty dull reading.

Customers most satisfied with non-majors
9 May 2018
mortgagebusiness

New research has revealed that customer satisfaction is highest for non-major banks, with the big four all scoring below-average results.

CBA pays $5m penalty in BBSW settlement
9 May 2018
mortgagebusiness

Commonwealth Bank will acknowledge that it “attempted to engage in unconscionable conduct” and will pay a penalty of just $5 million as part of an in-principle settlement over alleged Bank ...

Majors tipped to hike rates further
8 May 2018
mortgagebusiness

The profit results of the big four banks have shown that rate hikes, despite being unpopular among customers, are delivering great outcomes for lenders.

Westpac slams ‘incorrect’ PwC mortgage report
7 May 2018
mortgagebusiness

The major bank has defended its mortgage process and told analysts that any conclusions made about the PwC report prepared as part of APRA’s targeted review are “likely to be incorrect”

Macquarie’s mortgage portfolio jumps by 14%
7 May 2018
mortgagebusiness

The lender has boosted its home loan portfolio by $4 billion, with its profits also increasing by 9 per cent, according to its latest financial results.

Mortgage veteran launches new bank
7 May 2018
mortgagebusiness

The first restricted authorised deposit-taking institution licence has been granted to new digital bank, volt, run by mortgage veteran Steve Weston.

LATEST PODCAST: Damning allegations, cultural changes and new faces in lending
7 May 2018
LATEST PODCAST: Damning allegations, cultural changes and new faces in lending

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

Suncorp introduces payments via Apple Pay
7 May 2018
mortgagebusiness

Suncorp is the latest bank to offer customers the ability to make payments via Apple Pay.