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News items on this page are prepared by our editorial team as summaries of publicly available news reports and official announcements. See linked news sources where available. The following news items are for informational purposes only and are not independent journalism.

Finance News

Commonwealth Bank Achieves Record Half-Year Profit Amidst Investor Lending Boom
Commonwealth Bank Achieves Record Half-Year Profit Amidst Investor Lending Boom
12 May 2026: Paige Estritori
The Commonwealth Bank of Australia (CBA) has announced a record half-year cash profit of $5.45 billion, marking a 6% increase from the previous year. This impressive financial performance is largely attributed to a surge in investor lending, which now constitutes 43% of the bank's new business, up from 37% two years prior. This shift indicates a growing trend of investors capitalising on the robust Australian housing market. - read more
Beforepay Group Reports Significant Growth in Personal Loan Originations
Beforepay Group Reports Significant Growth in Personal Loan Originations
12 May 2026: Paige Estritori
Beforepay Group, an ASX-listed financial technology company, has reported a 73% increase in personal loan originations during the third quarter of the 2026 fiscal year. This substantial growth underscores the rising consumer demand for accessible and flexible financial solutions. - read more
Rising Interest Rates Contribute to Increased Mortgage Stress Among Australians
Rising Interest Rates Contribute to Increased Mortgage Stress Among Australians
12 May 2026: Paige Estritori
Recent interest rate hikes by the Reserve Bank of Australia (RBA) have intensified mortgage stress among Australian households. Since the beginning of the year, over 65,000 individuals have contacted the National Debt Helpline, primarily due to difficulties in meeting mortgage repayments. - read more
Reserve Bank of Australia Lifts Cash Rate to 4.35% in May 2026
Reserve Bank of Australia Lifts Cash Rate to 4.35% in May 2026
12 May 2026: Paige Estritori
The Reserve Bank of Australia (RBA) has announced a 0.25 percentage point increase in the official cash rate, bringing it to 4.35% as of May 5, 2026. This marks the third consecutive rate hike this year, following increases in February and March, and returns the cash rate to its February 2025 level before the previous rate-cutting cycle. - read more

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Car Loans Articles

Smart Saving Strategies for First-Time Car Buyers
Smart Saving Strategies for First-Time Car Buyers
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How Credit Scores Affect Your Car Loan Options
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Unlocking Savings: The Benefits of Refinancing Your Car Loan
Unlocking Savings: The Benefits of Refinancing Your Car Loan
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