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Opinion

Why the big banks have copycat plans to sell you a mortgage

Clancy Yeates Deputy business editor October 19, 2025 — 11.45pm Advertisement

Our biggest banks are known for being very similar beasts that frequently move as a pack: it’s one reason they’re so often described as a collective, the Big Four.

Even so, it’s still striking just how alike the major banks have sounded lately when talking up their strategies for flogging home loans to the Australian public.

Last week, ANZ Bank chief executive Nuno Matos became the last major bank boss to indicate his bank wants to wrestle back some of the market share that has been taken by mortgage brokers, laying out plans to write more loans through its own “proprietary” channels.

The bi

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