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News

Australian Financial Review
afr.com > companies > financial-services > mortgage-competition-is-costing-lenders-1b-a-day-20260826-p60rlo

Mortgage competition is costing lenders $1b a day

13+ hour, 13+ min ago   (73+ words) AFR Mortgage borrowers are switching $1 billion across lenders every day around the country, forcing banks to fight over a shrinking pie and sharpen their efforts to retain existing customers. Around 664,000 home loan customers holding $371 billion of mortgage balances shifted lenders…...

Australian Financial Review
afr.com > rear-window > lendi-group-s-mortgage-brokers-in-wfh-limbo-20260526-p600qo

Lendi Group’s mortgage brokers in WFH limbo

3+ mon, 1+ week ago   (93+ words) AFR The lending giant is going all in on its “fintech identity” by heading to a co-working space and tracking artificial intelligence use. For a business that makes its crust from pushing the great Aussie dream of a permanent address,…...