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Two majors snatch biggest mortgage share

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Australian Broker | 02 Oct 2012, 06:00 AM Agree 0
Despite an increasingly competitive market between the majors and second-tiers, two of the big four have snared the biggest market share in Australia, according to APRA
  • ozboy | 02 Oct 2012, 09:59 AM Agree 0
    Funny how the 2 lenders who require volume have gone backwards. Could be some lessons to be learn't here.
  • Country Broker | 02 Oct 2012, 10:08 AM Agree 0
    There is no surprise here , they have the best products , strange how cannex have said awest pac is best for First home Owners , not portrayed in this result !
  • Greg | 02 Oct 2012, 10:10 AM Agree 0
    NAB boss Michael Chaney has said that the NAB is not making super profits....What planet are you on???
  • Abox | 02 Oct 2012, 11:21 AM Agree 0
    doesnt it depend on the size of the books to begin with? If CBA and WBC have far larger books (making assumptions here), their growth by volume can still exceed even if its not by % of their own books. Not sure I understand the stats here since they seem a bit ... uncomparable
  • suspicious | 02 Oct 2012, 11:45 AM Agree 0
    Why would you want to deal with CBA & Wpac anyway?????
  • Billyboy | 02 Oct 2012, 12:16 PM Agree 0
    It appears the stats refer to the largest growth in lending book over last 12 months, not the greatest share/volume in the market overall.
  • ozboy | 02 Oct 2012, 02:53 PM Agree 0
    Doesn't every business measure success by growth, we as industry keep "banging on" about our market share etc. Doesn't matter which way you look at these figures neither of the 2 lenders going backwards would be impressed, let alone their shareholders.
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