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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.

Former CBA boss becomes chair of AMP
4 May 2018
mortgagebusiness

AMP Limited has announced that a former CEO of CBA will join the AMP board as chairman after the upcoming 2018 annual general meeting.

AMP denies it committed a criminal offence
4 May 2018
mortgagebusiness

The financial services company has reiterated its “unreserved apology” for failings in its advice service, but it “strenuously denies” the allegation made by the royal commission that it has ...

Missing customer data was ‘most likely’ disposed of: CBA
3 May 2018
mortgagebusiness

The embattled lender has been forced to confront media reports that it lost the personal bank details of almost 20 million customers.

Major bank lends $14bn of mortgages in six months
3 May 2018
mortgagebusiness

A big four bank has managed to grow its loan book by 6 per cent over the half-year to 31 March, with 51 per cent of mortgages now originated via the broker channel.