Powered by MOMENTUM MEDIA
Broker Daily logo

CBA

‘Even keel’ economy risk at 3.35% cash rate: CBA
16 November 2022
‘Even keel’ economy risk at 3.35% cash rate: CBA

CBA has proffered a timely cash-rate increase analysis while reporting its 1Q23 resi lending up $5.1 billion.

‘High chance’ of RBA achieving its goals in 2024: CBA
9 January 2024

The major bank’s chief economist has predicted that the central bank’s desired outcomes from increasing interest rates are likely to come to fruition this year.

‘Monetary sovereignty’ issue raised in CBDC roll-out
3 March 2023

Central bank digital currency (CBDC) roll-out has raised a range of views and concerns as major banks sign on to a pilot.

‘Record’ home loans processed at CBA
14 October 2022
‘Record’ home loans processed at CBA

CBA chief executive Matt Comyn has welcomed the bank’s record year, which saw $157 billion in new lending to households. 

36% of brokers expect to decrease CBA use
6 September 2024

Over a third of brokers wish to decrease their use of CBA, or stop altogether, a new survey has found.

A third of rate rises still to be felt: CBA CEO
10 August 2023

Home loan customers have only experienced two-thirds of the RBA’s rate hikes and arrears will likely start rising, according to the chief executive of the major bank.

Appeal filed in class action proceedings against CBA
25 June 2024

An appeal has been filed from the Federal Court judgment in the shareholder class action proceedings.

APRA stats reveal another drop in CBA mortgage book
1 November 2023

The major bank has continued its downward trajectory, recording another month of losses driven by a decrease in its owner-occupier loan book.

Are mergers keeping mutual banks alive?
2 July 2024

The Australian banking landscape has seen multiple mergers over the years that are continuously narrowing the competition. What do these decisions mean for the future of Australian ...

AUSTRAC class action against CBA dismissed
10 May 2024

The Federal Court has dismissed charges filed against the major bank by AUSTRAC.

Australia’s ‘financial wellbeing’ drops slightly: CBA
14 February 2022
Australia’s ‘financial wellbeing’ drops slightly: CBA

Fewer Australians are financially well compared to 12 months ago, according to new data, yet are more secure than they were pre-pandemic.

Australia’s debt service ratio ‘extraordinary’: CBA
15 April 2024

The change in the debt service ratio has been ‘extraordinary’, according to the major bank.

Australians are becoming more scam aware: CBA
26 September 2023

Over 70 per cent of Australians have become more concerned about scams over the last 12 months than previously, according to the Commonwealth Bank.

Australians opt for variable rates: CBA data
23 August 2022
Australians opt for variable rates: CBA data

Lending for new homes fell over the year to July, with an “overwhelming” majority of variable loans written, CBA data reveals.

Big four joins majors in offering bushfire relief
10 February 2022
Big four joins majors in offering bushfire relief

The last remaining big four bank has announced emergency assistance for customers in bushfire-affected areas in Western Australia.