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CBA grows home lending, but margins squeezed

Home and business lending carried the Commonwealth Bank’s third-quarter cash profits of $2.4 billion.

CBA grows home lending, but margins squeezed
Non-banks to rise through rate hikes: Bridgit

A bridging loan specialist expects to see borrowers shopping around as the cash rate rises, with non-banks tipped to benefit.

Non-banks to rise through rate hikes: Bridgit
Westpac mortgage book rises despite investor slip

Owner-occupiers carried Westpac's mortgage book growth over the six months to March, while the investor segment continued to fall. 

Westpac mortgage book rises despite investor slip
Mortgage price wars to rage on through rate rises

The big four’s squeezed margins could benefit from a rising cash rate, but analysts have tipped it will be countered by fierce competition and increased impairments.

Mortgage price wars to rage on through rate rises
Macquarie grows mortgage book by a third

Macquarie grew its home loan book by 34 per cent in the past year, but its chief has retained a cautious outlook amid ongoing uncertainty.

Macquarie grows mortgage book by a third
NAB prepares for wandering customers

The big four bank’s chief has said the group is bracing for a rise in refinances, as home loan rates have begun to climb.

NAB prepares for wandering customers
AMP Bank loan book grows to $22.6bn

The non-major bank has reported, albeit marginal, growth in loans over the first quarter of the calendar year.

AMP Bank loan book grows to $22.6bn
ANZ confident its borrowers can afford rate rises

The majority of ANZ borrowers will be able to manage a rising interest rate environment, the chief executive of the major bank has said while announcing the group’s half-year results.

ANZ confident its borrowers can afford rate rises
Deposit Power appoints head of sales and business development

The bond provider has promoted Niraj Singh to lead the group’s business development team.

Niraj Singh
All 4 major banks pass on rate rise to borrowers

Borrowers at the big four banks will see variable rates rise by 25 basis points, as the majors pass on the RBA’s full rate hike.

All 4 major banks pass on rate rise to borrowers
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