Articles

Clancy Yeates| Sydney Morning Herald| 17 May 2018 https://www.smh.com.au/business/banking-and-finance/business-loans-growth-to-outpace-mortgages-nab-says-20180514-p4zf98.html Business loans are likely to grow more quickly than lending for residential property, in a changing of the guard that would see banks compete more fiercely for business customers, National Australia Bank executive Anthony Healy says. As the slowing housing market dampens banks’ outlook, the chief customer officer […]

Clancy Yeates| Sydney Morning Herald| 24 April 2018 https://www.smh.com.au/business/the-economy/interest-only-mortgage-holders-face-7-000-a-year-hit-rba-20180424-p4zbb9.html Borrowers with a typical interest-only home loan face a $7000 jump in their annual mortgage costs when their interest-only period ends and they are forced to start paying back principal, the Reserve Bank says. With almost $500 billion in interest-only mortgages set to expire in the next […]

Charbel Kadib| The Adviser| 15 May 2018 https://www.theadviser.com.au/breaking-news/37764-total-loan-approvals-drop-by-over-1-6-billion The total value of housing, commercial and personal loans approved in March dropped by over $1.6 billion in a month, according to the latest data from the Australian Bureau of Statistics. According to the ABS’ latest Lending Finance figures, the total value of commercial loan commitments fell […]

Martin North| Digital Finance Analytics| 8 March 2018 Securitisation On The Up (and Up) The ABS released their latest data on the Assets and Liabilities of Australian Securitisers. At 31 December 2017, total assets of Australian securitisers were $132.5b, up $7.3b (5.9%) on 30 September 2017. During the December quarter 2017, the rise in total […]

Christopher Joye| Australian Financial Review| 4 May 2018 http://www.afr.com/personal-finance/shares/embrace-house-falls-as-a-good-thing-20180503-h0zmfk Before I dive into where housing is heading, the banking regulator’s analysis of CBA’s vulnerabilities was spot on. This column has long argued that the essential conundrum is one of excessive complexity and the difficulty supervising these byzantine banking beasts. In 2010 I posited that while […]

Ottiena Ellwand| Mortgage Professional Australia| 16 May 2018 https://www.mpamagazine.com.au/sections/market-talk/a-fee-for-service-model-only-supports-the-big-major-banks-249969.aspx Major aggregator heads expressed their confidence last Friday at MPA’s live-streamed roundtable event that the broker commission structure is sound and likely won’t be dismantled despite it being raised by the Productivity Commission and the Royal Commission. The aggregators said they expect the Combined Industry Forum’s […]