About a decade ago, shonky operators operating in mortgage broking led to widespread calls for more regulation. And so gradually the government worked itself into something-must-be-done mode, writes Nicholas Gruen, economist and CEO of Lateral Economics.
Bankwest
Small lenders making a comeback
While official figures indicate that the big banks still dominate mortgage sales, smaller institutions may be making a comeback, writes Ian Rogers.
70% of readers believe the garbage in surveys. Really.
Surveys are great PR because they give third-party endorsement to an organisation’s key messages, writes Trevor Cook.
BankWest turns up the pressure on the Big Four
BankWest’s move into the east coast banking market is relatively small compared with the extensive branch networks of the Big Four, but it’s certainly enough to worry them, writes Michael Pascoe.
HBOS goes for the big four
It’s not the quite the big bang Australian’s banking cartel have been dreading, but HBOS this morning at least lit the fuse by declaring its east cost strategy.
