Consumer Finance Awards 2025: Home Lender of the Year
Macquarie Bank has been named Money's Home Lender of the Year as part of the 2025 Consumer Finance Awards.
- Find out how we chose the winners
- Order your copy of the July awards issue
- Check out more from the 2025 Consumer Finance Awards
There's something awe-inspiring about the sheer scale of Australia's residential property market. Valued at more than $11 trillion, the collective value of our homes dwarfs the nation's superannuation savings ($4.2 trillion), and even our $2.9 trillion sharemarket.
The vast honeypot of wealth tied up in homes hasn't gone unnoticed by the nation's banks. And in a market traditionally dominated by the big four banks, Macquarie is asserting its reputation as a key partner that home buyers can bank on to buy a place of their own.
From being runner up in 2023, Macquarie Bank has now won this award for two consecutive years, but this doesn't tell the full story.
Thumb through Macquarie Group's 2025 annual report, and you'll see Macquarie Bank's home loan portfolio grew by a whopping 19% over the past 12 months to be worth $141.7 billion.
It's the sort of growth many financial institutions can only dream of. Yet Macquarie Bank is taking a counterintuitive approach, keeping things simple, rather than complex, as a way of attracting home buyers.
Here's what is happening.
First up, Macquarie gives home buyers a choice of just two home loans - basic and offset. It's a bold move in a market where plenty of lenders offer far lengthier home loan menus.
Ben Perham, head of personal banking at Macquarie Bank, explains, "Our customers tell us they value the transparency and simplicity of our offering, giving them the confidence and control to manage their money in a way that best suits them."
Macquarie Bank also ticks the box for competitive rates and fast turnaround times, without scrimping on loan features.
"Customers can take advantage of flexible features like splitting their loan between fixed and variable rates, or linking up to 10 offset accounts to help manage cashflow and reduce the amount of interest on the variable portion of a loan," says Perham.
The availability of up to 10 offset accounts is worth a closer look. Perham says this allows Macquarie's home loan customers to save for various goals by using different offset accounts as dedicated savings buckets.
"By using offset accounts, customers have the flexibility to organise their savings with purpose, while also reducing the interest they pay on the variable portion of their loan," says Perham.
When you think about it, it's a simple and smart way to manage money. Combined with the bank's app, Macquarie's home loan customers have a clear view of their finances all in one place.
Macquarie Bank also prides itself on swift loan approval. Perham says: "Fast turnaround times are crucial for home buyers, as they enable timely decisions even in a competitive property market."
And if you're thinking of fixing, Perham says, "Our offering is resonating strongly with homeowners looking for peace of mind regarding repayments."
Why they won
Rapid loan turnarounds, digital loan management and multiple offsets for different goals.
Top product
Macquarie's Offset Home Loan lets borrowers have up to 10 offset accounts to tick off different goals.
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