CBA

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

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.

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

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

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

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.

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

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

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 ...

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

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

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

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

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

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

All four major banks plus Macquarie, Bendigo, Adelaide and ING will pass on last week’s 50-bp rate hike.

The major bank is set to launch a new, more affordable refinance option, available exclusively to borrowers online.

The big four bank has committed to adopting the suite of LIXI2 data standards within its data integrations and APIs to help simplify its home lending experience.

The major bank has made changes to its executive leadership team, which include a new appointee charged with overseeing programs designed to manage risk and simplify the bank.   

The major bank has launched a green loan pilot program to enable its customers to purchase and install renewable technology.