Business
How Macquarie Bank has blitzed the mortgage market – The Australian Financial Review
Each month when the prudential regulator releases mortgage lending data for individual banks, the first thing competitive bankers do is look at the performance…
Its housing loan book grew by seven times the system growth over the year to December 31, and 5.7 times the system growth over the three months to December 31 (annualised), according to analysis by Goldman Sachs. The system grew by 4.5 per cent in the year to December 31.
To put that in perspective, the best performing of the big four banks, CBA, grew its mortgage book by 1.2 times system growth in the 2020 calendar year.
Macquaries home loan book was $67 billion at the end of March, up 29 per cent,…
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