Lending Landscape in Australia post GFC

Compared to the pre GFC era, there is very little competition for lending in Australia. After mergers and acquisitions by the Big 4 their market shares stands around 90%

1. CBA (BankWest)
   
2. ANZ
   
3. NAB
   
4. Westpac (St George & RAMS)
   

Thereafter, the alternatives stand as

• Bendigo / Adelaide Bank
  
• BEAT
  
• heritage building society
  
• ING
  
• Homeloans Ltd
  
• AMP
  
• IMB
  

As the big banks get bigger, perhaps the differentiater for clients is service. Service by brokers and service by the lender pre and post settlement.