The major bank is said to be in discussions for John Symond’s remaining shares within the mortgage franchise
The appointment is the start of a bigger transformation with further sales staff and broker support on the horizon
Analysts have predicted a further increase in 30 plus day arrears, putting added pressure on resource-reliant states
A national banking association will present politicians with a plan to deliver sustainable competition within the industry
Building society Newcastle Permanent has delivered a net profit after tax in excess of $40m, with growth in its loan book a key contributor to the result.
House prices have moved out of reach of average single income Australians in all but two capital cities according to research from an online home loan comparison portal.
Total commissions paid to mortgage brokers in Australia pushed past $1.1bn in the year to August thanks to growing broker market share, rising loan values and tweaks to commission structures
Sydney is among the world’s cities most at risk of a housing bubble according to research from global investment bank UBS.
Industry super fund-owned bank ME remains on a strong growth path, with the non-major lender announcing a healthy profit increase across the 2016 financial year
New analysis shows nearly one in 10 properties resold in the June quarter resulted in a loss.