Meanwhile the National Australia Bank (NAB) has reduced its minimum repayment levels for credit cards, dropping them to 0.5 per cent of a customer's closing balance or just $5 — whichever is ...

It's important to understand how mortgage repayments work, the terminology lenders use, and how much your repayments will be before you take out a loan. Our mortgage repayment calculator can help ...

In its profit results this week, the Commonwealth Bank revealed that the number of its home loan customers who have deferred repayments had fallen from a peak of 154,000 to 135,000 by the end of July.

The Reserve Bank of Australia (RBA) is widely tipped to cut the cash rate on Tuesday, which would mark the third time interest rates have been reduced this year. Despite this, Commonwealth Bank, NAB ...

National Australia Bank has delivered what has been described as a “solid” quarterly trading update, showing some customers are still struggling with loan repayments.

Commonwealth Bank of Australia will automatically defer all repayments for 76,000 small business accounts, in an attempt to inject $1.5bn into the economy and relieve pressure on its customer ...

The Reserve Bank of Australia looks set to dish out its ninth straight interest rate rise on Tuesday, lifting total monthly repayment costs on a typical $500,000 mortgage by $969 since May 2022.

Commonwealth Bank chief Matt Comyn is confident the majority of under-pressure borrowers will restart making loan payments when the lender’s deferral periods end, despite the second wave of ...

Commonwealth Bank of Australia on Friday joined two of its Big Four peers in deferring repayment of home loans for up to six months, as the country grapples with the coronavirus pandemic.