In the good times, the strength of the City of London, and in particular the banking sector, was seen as a positive.
Now, with the UK still, according to recent official statistics, mired in recession and negative growth, many fear that banking problems are holding the UK back.…
The Australian Consumer & Competition Commission (ACCC) earns a black mark for suggesting foreign banks can compete on retail deposits in Australia.
The ACCC Public Competition Assessment in August 2008 announced its decision not to oppose the Westpac takeover of St George, and within the Competition Analysis section …
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 Broker Study 2009 reveals two primary …
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 alone, these hand outs, have led …
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 sufficient levels of retail deposits, a …
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 shun other lenders offering lower rates, and …
