Australia to become a ‘hermit nation’ in the absence of innovative policy
As Australia’s population declines for the first time in more than a century, Property Council chief Ken Morrison has...
Westpac has come out on top of the other majors, posting the highest value of home loan advances on its books in the month of May, according to latest figures from the Australian Prudential Regulatory Authority (APRA).
CBA also posted a strong result in May, with $24.4 billion on its loan books, or 31 per cent market share of the majors.
Despite having lower interest rates, NAB and ANZ sat behind Westpac and CBA, with each accounting for 18 per cent of the market.