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| Archive for the Mortgages & Lending Category |
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Mortgage broking over the past year has been a mixed business for many of those who make a living working in the sector.
New research has now identified four distinct types of brokers with different hopes, needs and wants.
The CoreData Mortgage…
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Fewer punch-drunk first home buyers are staggering into the housing market party as the federal and state leg-ups – fuelling a new debt binge at the lower end of the market – approach last orders before closing-time later this month.
In Victoria…
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Consumer banking competition in Australia continues to diminish at an accelerated pace, as the big four banks continue to increase residential lending and retail deposit market share.
Killing competition is the inability for Tier 2 Australian banks and foreign banks to attract…
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The big four bank’s mortgage footprint remains firmly on the throats of the remaining Australian lenders - continuing to asphyxiate an industry it already controls.
Don’t get us wrong, residential lending competition isn’t dead in Australia, it’s just mortgage borrowers continue to…
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First things first, the Commonwealth Bank is certainly big enough to look after itself, but the ‘…Australians will rightly be furious…’ comments from Federal Treasurer Wayne Swan last week were perhaps a touch unwarranted.
A ten basis point increase in CBA’s variable mortgage rate to…
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Shrinking banking competition was high on the agenda for Australia’s media last week with the Australian Competition & Consumer Commission (ACCC) driving the argument.
However, despite the large acquisitions by the majors in recent times, are some smaller lenders actually trying…
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