Brokers' Share of Australian Mortgages Looks Overstated -- Market Talk
Dow Jones
Sep 02, 2025
0052 GMT - Brokers' share of the Australian mortgage market is being significantly overestimated by the industry, Macquarie analysts reckon. They think that the true proportion of home loans originated by brokers is 63%, not the 77% stated by the brokerage industry. They tell clients in a note that the size of the total market is being underestimated by the industry, which they say doesn't take account of A$27 billion of internal refinancing. The analysts say that Commonwealth Bank remains the clear market leader in proprietary lending with a 36% share. None of its peers have more than 14%, they add. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
September 01, 2025 20:52 ET (00:52 GMT)
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