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Non-Banks Post Record Results Amid Mortgage Downturn
Market Insights David Palummo 9/9/26 Market Insights David Palummo 9/9/26

Non-Banks Post Record Results Amid Mortgage Downturn

Australia's mortgage market is telling two very different stories at once. At the major banks, new lending is going backwards. Yet a few streets over, in the non-bank sector, 2026 has been a record year.

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