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Feb 16 2022
The growth of Australia’s property market is expected to flatten within months before prices start to fall later this year, according to updated forecasts from Westpac.
Feb 15 2022
While a “competitive backdrop” leached away at its profit margin, the group secured $2.1 billion in new home loans over the six months to December.
Feb 14 2022
The major bank today (15 February) announced it will remove its Breakfree package in March and “simplify its home loan offerings”.
Feb 9 2022
The bank saw its net margins slide in the six months to December, despite gaining $1.2 billion in new home loans and a steady rise in broker originations.
Feb 9 2022
A handful of banks have announced relief measures following bushfires in the state’s south, including home loan deferrals and moratoriums.
Feb 8 2022
The major bank has yet to complete the quest to shrink its home loan assessment times, as competition and other pressures have affected its profitability.
Feb 7 2022
The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.
Feb 7 2022
The mortgage manager has announced leadership changes, including a new head of distribution.
Feb 7 2022
The reveal of the executive role comes less than two months after the major bank’s chair pledged to address its extensive turnover times.
Feb 4 2022
The big four bank will slash its head office roles by around 20 per cent, after an initial restructure of its executive team.
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