Commonwealth Bank launches Australian-first home loan protection

The Commonwealth Bank has today launched protection for owner-occupied homeowners by paying their loan repayments for up to a year if they, their spouse or dependent passes away or is diagnosed with a terminal illness.

RBA hints another rate cut could happen by mid-2020

Despite better than expected unemployment figures and the recent acceleration in home loan lending, Australia's central bank has left the door open to a rate cut in 2020.