CBA

Big banks lose market share in tough home loan environment

The major bank’s market share of residential mortgages fell by nearly 100 basis points to 81.2% in 2019, as subdued lending conditions and more intense competition put the squeeze on.

By William Jolly ● November 08, 2019

Commonwealth Bank quietly gives away $50 to customers affected by bank outage

If you were one of CommBank’s customers affected by last week’s network outage, there could be an extra $50 sitting in your account.

By Emma Duffy ● October 24, 2019

Beem It now allows instant transfers to multiple bank accounts

Bank-backed payments app Beem It has launched a new feature allowing users to instantly transfer money between several different bank accounts as well as set up scheduled payments.

By William Jolly ● October 22, 2019

NAB finds consumer anxiety on the rise

People’s concern about their future spending and savings rose over the September quarter, according to NAB, but still remains below average.

By William Jolly ● October 16, 2019

ANZ, CBA, NAB and more cut fixed rates post-cash rate change

While much of the focus has been on variable rates, there’s been plenty of cuts to fixed rates following the latest cash rate cut.

By William Jolly ● October 08, 2019

Commonwealth Bank cuts fixed home loan rates by up to 90 basis points

One of Australia’s biggest banks has cut fixed home loan interest rates by as much as 90 basis points, effective Tuesday 24 September.

By William Jolly ● September 25, 2019

ACCC says we’re paying too much for foreign currency services

A report by Australia’s consumer watchdog the ACCC into foreign currency conversion has found Australians are getting ripped off to the tune of millions of dollars, and the big four banks are partly to blame.

By William Jolly ● September 03, 2019

Commbank CEO defends cuts to deposit and home loan rates

Commonwealth Bank CEO Matt Comyn has defended his bank’s decision to cut home loan rates, saying record low interest rates are hurting its depositors.

By William Jolly ● August 17, 2019

ANZ, CBA, NAB & Westpac have all cut term deposit rates this month

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.

By William Jolly ● August 16, 2019

How ANZ, CommBank, NAB and Westpac responded to the RBA’s cash rate cut

Within hours of the RBA’s decision to reduce the cash rate by 25 basis points, each of the big four banks announced cuts to home loan interest rates.

By William Jolly ● June 05, 2019

Refinance home loans.Rates from 1.69% p.a.

Low-rate car loansRates from 3.78%

Savings ratesof up to 1.50%

Term deposit ratesof up to 1.60%

Let us come to you. Get Savings in your inbox.

Refinance home loans.
Rates from 1.69% p.a.

Low-rate car loans
Rates from 3.78%

Savings rates
of up to 1.50%

Term deposit rates
of up to 1.60%

Let us come to you.
Get Savings in your inbox.