National Australia Bank has made indications it will look to grow its involvement in the broker channel.
Macquarie Bank recorded over 20% growth in its mortgage book in the past year, while ANZ and NAB continue to lead the big four banks in growth.
APRA chairman John Laker says the regulator is “pathologically worried” about poor credit standards becoming pervasive.
ANZ bank has boosted its satisfaction rating amongst business customers in the past two months, leaving NAB trailing behind.
Reports that banks are relaxing lending standards are entirely false, and there's evidence standards are actually tightening, says one Sydney broker.
Seven top ten executives at a major bank, including the CEO, have had their bonuses slashed to placate disgruntled shareholders.