Other lenders fill the gap as big four clamp down on foreign borrowers
Though the big four banks have clamped down on lending to foreign nationals, other lenders have moved to fill the gap, and the share of properties bought by foreign nationals in the Australian market ticked higher at the end of 2016.
Most Aussies believe a major bank wouldn't help them in a crisis
Despite 80 per cent of Australian mortgage holders have their home loan with one of the so-called 'big four', almost three-quarters believe a major bank would not be the best option if they faced a personal crisis.
