The lack of a cash rate cut in August hasn’t stopped some of Australia’s largest banks from lowering term deposit rates, with each of the big four slashing rates for fixed-rate savers.
Commonwealth Bank is set to give its CommBank app an overhaul, launching a suite of digital banking services including a tool that will identify $150 million each year in unclaimed benefits.
New research from Roy Morgan found customers who obtained a home loan in person at a physical branch reported higher overall satisfaction than those who used a mortgage broker.