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UNCOVERED: 7 - The Untold Story

Commonwealth Bank, ANZ, NAB and Wespac to lift variable mortgage rates by half a percentage point

All of the big four banks will pass on the Reserve Bank's latest interest rate rise to home loan customers in full — but not all savers.

ABC News

Sydney and Melbourne lead accelerating housing downturn

Sydney and Melbourne are leading Australia's falling house prices, which are gathering momentum as interest rates rise and consumer confidence takes a hit.

The New Daily

The Loop: A COVID vaccine review, Commonwealth Bank hikes fixed rates, and man gets too close to bison

Here's what you need to get caught up on today's news.

ABC News

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Commonwealth Bank, ANZ, Westpac, NAB to raise variable mortgage rates by 0.25 per cent after RBA rate hike

All of Australia's biggest banks have lifted mortgage rates, matching the Reserve Bank's 25-basis-point increase.

ABC News

More and more people are moving to the regions around Canberra

Millennials and their young families make up the majority of people moving from the city to the country, as regional migration hits a record high.

The Canberra Times

Millennials drive regional growth as migration from capital cities hits five-year high

Young families are heading for regional areas in droves and many say they couldn't be happier with their lives away from the big smoke.

ABC News

Labor government urged to drop prosecutions against whistleblowers and ramp up protections

As the Albanese government works on getting legislation ready for its highly anticipated corruption watchdog, calls are growing for it to boost protections for whistleblowers and drop criminal prosecutions against Richard Boyle, David McBride and Bernard Collaery, and to advocate for Julian Assange.

ABC News

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Petrol back below $2 for some motorists

Petrol prices have eased below $2 per litre, ending a six-week run of increases, but rising global oil prices suggest this relief will be short-lived.

AAP

‘Ultra competitive’: Why rising interest rates shouldn’t stop you refinancing

Home owners slapped with bigger mortgage bills are being told not to settle for rising interest rates, with tight competition leading to better deals.

The New Daily

Commonwealth Bank pauses in-app cryptocurrency trading after market turmoil

Bank says it will pause rollout of app-based trading of assets like bitcoin and Ethereum pending further regulation

The Guardian - AU

Clive Palmer's United Australia Party is promising to cap mortgage interest rates. Can it be done?

With the cost of living surging and interest rates rising for the first time in more than a decade, a cap on mortgage repayments would come as welcome relief for millions of borrowers. But can it be done and who would end up paying for it?

ABC News

Commonwealth Bank, ANZ, Westpac, NAB to raise variable mortgage rates by 0.25 per cent after RBA rate hike

All of Australia's biggest banks have lifted mortgage rates, matching the Reserve Bank's 25-basis-point increase.

ABC News

Financial abuse costs Australia over $10bn

The Commonwealth Bank is partnering with a support service to give counselling to people suffering financial abuse, which costs Australia $10 billion a year.

AAP

CBA predicts RBA cash rate rise in June

Commonwealth Bank now expects the Reserve Bank will start lifting the cash rate in June, predicting a big jump in inflation in the March quarter.

AAP

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AAP

Hi-tech centre for Comm Bank in Adelaide

The Commonwealth Bank will establish a hi-tech centre in Adelaide that will provide for up to 150 new jobs.

AAP

Union takes bank to court over rest breaks

A union has lodged a claim against the Commonwealth Bank in the Federal Court over its alleged failure to allow workers to take rest breaks.

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