Commonwealth Bank has reportedly called in the police after discovering a suspected $1 billion in home loans obtained fraudulently, including with documents created by AI.
The country’s largest bank is working to assess how many loans have given out based on doctored applications, including documents created using AI.
Australia's two biggest banks were among a dozen or so lenders increasing their fixed home loan rates this week as odds ...
Mortgage customers looking to move away from the Commonwealth Bank will now have to add in an extra step before they can start the process. Mortgage customers wanting to leave the bank and move their ...
"If we’re serious about affordability, we need to be honest," mortgage veteran Mark Bouris tells Yahoo Finance.
SYDNEY (Reuters) -Commonwealth Bank of Australia, the country's largest lender, believes demand for home loans is too high and is helping to push property prices up, Chief Executive Matt Comyn said on ...
Home loan borrowers holding out for a November rate cut were likely buoyed by Thursday's unemployment data, released by the ABS. While the figures added weight to a near-term RBA cut, the majority of ...
CBA shares surge by 7% after bumper $5.45bn result while data shows owner-occupiers’ share of lending has decreased in tight property market ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Green Loan is a low, 10-year secured fixed rate and comparison rate ...
Commonwealth Bank says lending and deposits grew at a healthy pace in the first half, but chief executive Matt Comyn is wary of further RBA cash rate increases.