Macquarie's Mortgage Momentum Shows No Sign of Ending -- Market Talk

Dow Jones
Jul 01, 2025

0452 GMT - UBS analysts see no signs that Macquarie's momentum in Australian mortgage lending will end any time soon. They tell clients in a note that the bank's above-system growth in May has taken it to a 6.1% share of the country's mortgage market, up 20% over the last 12 months. The UBS analysts reckon this supports their positive view of Macquarie's broker-driven retail strategy. Even so, they observe that Commonwealth Bank, the country's largest company by market capitalization, is maintaining its market share through its own proprietary channels. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

July 01, 2025 00:52 ET (04:52 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10