Category: commonwealth bank

Consumer Confidence Plummets as Half of Australia Enters Lockdowns

Consumer confidence experienced its sharpest weekly drop since the start of the CCP virus pandemic as states announce lockdowns one after another to contain the Delta variant of the coronavirus. Currently, over half of all Australians are now in lockdown after South Australia announced restrictions were coming into force from 6 p.m. Tuesday, after five cases were…


Australian Bank Tells Distressed Property Investors to Sell

Commonwealth Bank of Australia (CBA) is encouraging distressed property investors to take advantage of the surging house prices and sell their properties. Listing investment properties on the market is one of several options the bank is suggesting for customers who are unable to repay their home loans, according to The Australian. “If you’re an investor,…