“I think there is more we can do for the middle-market around cash flow lending, and I think it is moving … in a rising rate environment, you know, people are just being a little more cautious,” Ms Rynski said.

Tackling the competition

Australia’s major banks are faced with Macquarie’s growing force in business banking. Macquarie has picked up about $16 billion in loans in business banking, up from $3 billion a decade ago, while its share of home loans has grown from $12 billion 10…