Photographer: Fairfax Media via Getty Images

Commonwealth Bank Ceding Market Share to ANZ: Chart

Two of Australia’s largest lenders are taking different paths in home loans as the market shows signs of slowing after hitting record highs. Commonwealth Bank of Australia, the nation’s largest mortgage lender, is ceding market share to Australia & New Zealand Banking Group Ltd. and others, according to data from the Australian Prudential Regulation Authority. ANZ Bank is increasing its focus on Australia as it shrinks its Asian loan book.

(Corrects to show Commonwealth Bank ceding share.)
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