Angus Sullivan

Australia’s biggest bank has hit Australian homeowners with an interest rate increase, the last of the Big Four to follow the Reserve Bank of Australia’s Melbourne Cup hike on Tuesday. Commonwealth Bank will increase its variable home loan…

Commonwealth Bank has raised interest rates following other big four banks following the Reserve Bank’s latest hike. CBA lifted its variable home loan rates by 0.25 per cent, in a move that’s matched Westpac, ANZ, and NAB. Westpac and the…

Commonwealth Bank has reported a record half-year profit of $5.15bn as it faces political pressure along with other big banks over interest rates and regional branch closures.Australia’s biggest retail bank announced its financial results…