Last month, top lender Commonwealth Bank of Australia cut its buffer rate for some borrowers refinancing their existing home loan to 1% from the industry standard of 3%. Westpac Banking Corp ...

Large numbers of Australians are refinancing their home loans as the Reserve Bank of Australia’s 13 rate hikes take a toll on household finances. Over the past two years, the cash rate was ...

In Australia, the majority of home loans are financed by well-known financial institutions including the ‘Big Four’. However, there are many smaller banks and non-bank lenders that continue to ...

Knowing whether or not to fix your home loan for a set period of time or ... four or five consecutive rises already. The Reserve Bank of Australia (RBA) raised the cash rate by 25 basis points ...

From May 24, the major bank will increase the maximum LVR to 95 and 80 per cent respectively for construction loans, while raising the maximum security for the top bracket to $6 million. CBA executive ...

Commonwealth Bank of Australia said generative artificial intelligence tools cut customer losses from scams in half. It has also helped to shorten the process for mortgage pre-approvals to as ...

Commonwealth Bank said the LMI would be waived for more jobs, with loans assessed on a "case-by ... CBA’s LMI provider Helia Australia told Yahoo Finance that for an average $850,000 home with a 10 ...

The Commonwealth Bank of Australia has reported its home loan arrears and personal loan arrears are at a six-year high as the chief executive Matt Comyn acknowledges a "challenging" quarter for ...

with the Reserve Bank of Australia's cash rate at an 11-year high of 4.10%. They argue that some people who took out a loan before the central bank started policy tightening are unable to ...