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Westpac ‘reaffirms’ mortgage portfolio performance
30 April 2018
mortgagebusiness

The major bank has “reaffirmed” the performance of its mortgage portfolio, off the back of findings made in a confidential report that was released during the royal commission.

‘Laggard’ lenders to be left behind: Moody’s
30 April 2018
mortgagebusiness

Banks that fail to digitally transform are at risk of losing their competitive edge to the rising number of online players entering the market, according to Moody’s.

Macquarie offloads shares in YBR
27 April 2018
mortgagebusiness

The Macquarie Group has sold off some of its shares in wealth management and mortgage company Yellow Brick Road, dropping its holding to below 10 per cent.

Major banks continue lending crackdown
24 April 2018
mortgagebusiness

A big four bank is ramping up its security efforts around broker-introduced loans by ensuring that all new customers visit a bank branch in person.

Commission hears more examples of inappropriate advice
23 April 2018
mortgagebusiness

AMP’s address to the royal commission has revealed examples of inappropriate advice to switch super funds, with one instance being a client losing almost a quarter of their balance after ...

LATEST PODCAST: Non-banks on the rise, possible jail time for bankers
23 April 2018
LATEST PODCAST: Non-banks on the rise, possible jail time for bankers

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

Westpac credit advice ‘so far off the mark’
23 April 2018
mortgagebusiness

A mortgage broker specialising in SMSF lending has criticised the advice provided by a Westpac adviser that led to a client losing their home.

Suncorp chairman to retire
19 April 2018
mortgagebusiness

The Suncorp Group has announced that Dr Ziggy Switkowski AO will retire from the board of Suncorp Group Ltd in September.

Banks compensating for ‘sharp’ fall in investor lending
18 April 2018
mortgagebusiness

The central bank has noted the moves taken by lenders to stimulate demand for investor and interest-only loans in order to moderate the impact of macro-prudential curbs.

Macquarie University partners with blockchain accelerator
18 April 2018
mortgagebusiness

The university has partnered with technology group Lakeba in a new project that will let students work on a range of blockchain pilots, including Blockchain Against Fraud at financial ...