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Third Party Banking Report 2012 - Non-Major Lenders

by Staff Reporter7 minute read
The Adviser

Australia's non-major lenders play a pivotal role in the mortgage lending space. They help to ‘keep the big guys honest’, and this has never been more important than in the current lending environment

Australia’s lending landscape is dominated largely by the big four banks. The majors account for more than 80 per cent of all owner occupied mortgages written each year, according to the Australian Prudential Regulation Authority.

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