Australia's four largest lenders hold almost nine out of every 10 mortgages despite the Federal Government's year-long crusade to increase competition in the home lending space.
Westpac chief Gail Kelly has joined the chorus of bankers warning borrowers may not be so lucky after the next RBA cut
Non-banks have entered the rate cutting fray after major lenders finally moved last week
Prolink Finance Solutions’ Muzi Dandachli will be postponing holidays until late January or early February to cope with demand which is having his business colleagues ‘chasing their tails’
ANZ has become the first major bank to move in the wake of the RBA's rate cut, followed closely by the other majors and two second tiers
NAB's major bank competitors have all reacted to its commission restructure by saying they plan no immediate changes