A commissioner from the Productivity Commission has rebutted calls for new entrants to become stakeholders in the NPP, implying that it migh
The underlying profits of Australia’s mutual banks, credit unions and building societies have increased as competition in the mortgage mar
A flat fee paid by lenders to brokers is “worth looking at” and is “not an unreasonable proposition”, ANZ CEO Shayne Elliott has tol
Aggregator systems and technological solutions are helping reduce the mortgage writing process and could help brokers demonstrate the work
Online financial assessment solution MOGOPLUS, which is believed to be Australia’s “first” expenses tool that meets the ePayments Code
A big advantage that “neobanks” have over the big four is that they are nimble and highly scalable technology companies focused on custo
ANZ’s branch network is “not a terribly efficient” or “well used” avenue for mortgage origination, CEO Shayne Elliott has told the
A rise in competition in the banking sector has been flagged by Standard & Poor’s as a “key risk” to mortgage quality in 2019.
Challenger lenders pose no real threat to the major banks despite their aspirations to dismantle the long-standing oligopoly, according to a
The prudential regulator has responded to industry submissions on the introduction of a leverage ratio requirement for banks.