Australian bank stocks slide as Westpac warns of weak housing investor appetite
As per the Westpac, investor credit demand for Australia's housing sector would fall from 9.1% in 2026 to 4.5% in 2027 and 4.4% in 2028...
Tag : Commonwealth Bank of Australia
Commonwealth Bank commits to improve financial advice
Two CBA subsidiaries, Commonwealth Financial Planning Limited and BW Financial Advice Limited have entered into an agreement...
ACCC to review power of Australia’s big four banks
The Australian Competition and Consumer Commission (ACCC) is planning to review the powers of the country's four largest banks amid growing concerns that lending caps have limited competition and high barriers to entry have stifled rival...
CBA issues first green bond for China Development Bank
Raised USD 500 million to support the implementation of the Chinese government’s green development initiatives and strategies...
Commonwealth Bank to launch new credit card with an interest rate below 10%
Users can receive real-time alerts for credit card repayments and high cost transactions...
CBA confirms support for Comprehensive Credit Reporting
CCR will deliver economic benefits like increasing competition, increasing access to credit and lowering prudential risk, Dan Huggins opined...
Commonwealth Bank continues to provide School Banking program in Australia
As part of School Banking program, they pay schools a small amount of money based on the amount children save towards their goals...
SMSFs take advantage of reduced market volatility
Report says that SMSFs are double while trading in share parcels of more than $25,000 compared to non-SMSFs...
Australian overnight interest rates kept unchanged
The move, which comes on the eve of the national budget, is the most prudent course, says RBA Governor, reports Team IFM Sydney, May 8: In a widely-anticipated policy announcement on Tuesday that has propped the country’s construction sector and stoked employment since last September, Australia’s central bank said it was keeping its overnight cash...