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Commonwealth Bank chief executive Matt Comyn.

Bring back the humans: CBA’s embarrassing AI jobs bungle a salutary lesson 

It is clearly a bad look for the bank that talked up embracing the new technology to so publicly mishandle this particular aspect of its implementation.

  • Elizabeth Knight

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Banks have cut some interest rates on savings accounts by more than the moves in the cash rate.

How banks are muddying the waters for savers as interest rates fall

In the past, lenders have fiddled with mortgage rates to prop up the bottom line. These days, analysts say they will look elsewhere.

  • Clancy Yeates
Most agree there is a cohort of young or less affluent Australians who can’t buy into the housing market.

Should it be easier for the banks to give you a home loan?

If a range of sugar-hit policies spur fresh demand leading to higher property prices, ownership could remain beyond the reach of many Australians.

  • Elizabeth Knight
The US has its “magnificent seven” of tech stocks, whereas Australia has the “fabulous four” of big banks.

Banks make sneaky cash grab as deposit rates trimmed

Some would call it a margin-plumping exercise – the banks prefer to think of it as margin protection. Either way, it’s good for bank profitability.

  • Elizabeth Knight

Old habits are hard to kick for banks. They’re behaving badly – again

Six years after the royal commission, there are signs of a re-emergence of poor behaviour. At the very least this looks like conduct slippage.

  • Elizabeth Knight
Large organisations are stepping up to help community organisations make a difference.

For the greater good: CommBank assists Australians of all walks

Cost of living pressures continue to impact households. The knock-on effect is that community organisations are also feeling the squeeze as donation pools dry up as charitable giving slows down across Australia.

  • Nina Hendy
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Households spent a record 21 per cent of their gross income on home loan interest and income tax in the three months to June.

Top economists see end to rate hikes, predict house price recovery

The Reserve Bank could begin lowering interest rates as early as March, with chief economists from CBA, Westpac’s Business Bank and EY saying interest rates have peaked.

  • Millie Muroi
In July this year, $17.9 billion in loans were switched to an alternative lender.

Unpacking the myths about refinance

Record numbers of Australian borrowers are refinancing their home amid rising cost of living pressures and consecutive interest rate hikes.

  • Nina Hendy
Darlington Point prepares to host the nation’s largest grid-forming battery.

Clean power flows from Riverina region

One of NSW’s most tranquil locales – Darlington Point in the Riverina region – is swiftly becoming an energy powerhouse as it prepares to host the nation’s largest grid-forming battery.

  • Mark Eggleton
Australians are in search of warmer climes with Queensland visitors up.

Aussies on the move post-COVID

Australians have rediscovered their wanderlust this year.