Commonwealth Bank of Australia (CBA) profit rose to A$9.7 billion, saying most customers could cope with rising interest rates.

Commonwealth Bank of Australia (CBA) is Australia's largest financial institution. It provides diversified financial services covering retail, commercial, institutional, investment, insurance, wealth management and brokerage services with over 16 million clients. Commonwealth Bank of Australia releases its full-year results on Wednesday, August 10. Analysts and investors were more interested in the...

Australia’s fourth rate hike is coming! Housing prices slowed down, and the rental market counterattacked!

Homebuyers are "waiting and seeing" how high interest rates will go as the Reserve Bank of Australia hikes interest rates for the fourth time in a row since May. Cost of living pressures, rising mortgage repayments and the "negative wealth effect" of falling house prices have slowed the potential buyer's market after two years of unprecedented property growth.

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