Commonwealth Bank

CBA Want Staff To Push More Debt

Nov 05, 2009 - Eric Smyth

The Daily Telegraph has obtained internal documents that have revealed that the Commonwealth Bank has increased performance targets by 10 per cent, while Australians are still trying to recover from the global financial crisis and facing a massive rise in interest rates.

CBA increases fixed mortgage rates

Aug 13, 2009 - Boris Chan

If Commonwealth Bank customers fix their mortgage interest rate they will be charged up to$116 more in monthly repayments on the average home loan.

Commonwealth Bank joins other major banks in fee reductions

Aug 06, 2009 - Eric Smyth

Commonwealth Bank has decided to join the other major banks and reduce late fees across a range of personal and business transaction accounts.

Commonwealth Bank stated that they were implementing safety nets to help customers avoid these fees in the future.

Interest rates begin to move

Jun 15, 2009 - Boris Chan

The top two men in the Government have stated that Commonwealth Bank's interest rate rise is not justified and that the public should be furious.

Commonwealth Bank considers interest rate hike

Jun 12, 2009 - Boris Chan

Commonwealth Bank may be considering an interest rate hike ahead of next months Reserve Bank board meeting.

More interest rate rises from the banks

In less than a week after St George lifted its standard variable interest rate by 20 basis points, 2 other major banks, BankWest and The Commonwealth Bank, did exactly the same.

Bankwest has increased its standard variable home loan rate by 0.2 per cent, taking its variable home loan rate to 9.55 per cent.

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