Business
CBA and NAB may suggest to risky borrowers to sell their property – Motley Fool Australia
Big ASX banks Commonwealth Bank of Australia (ASX:CBA) and National Australia Bank Ltd (ASX:NAB) may ask borrowers to sell property.
Big ASX banks Commonwealth Bank of Australia(ASX: CBA) and National Australia Bank Ltd(ASX: NAB) may soon ask borrowers to consider selling if that seems like the best decision.
What’s going on?
According to reporting by the Australian Financial Review, Commonwealth Bank has said that its most leveraged borrowers could be encouraged to downsize the family home or sell multiple investment properties. CBA is worried about borrowers who look as though they don’t have good prospects to return to w…
-
Noosa News19 hours agoMeet Chad Burgess, Pauline Hanson’s One Nation Party
-
General24 hours agoNew Zealand wants more ‘automated decision-making’ in its welfare system. Could that lead to Robodebt 2.0?
-
Noosa News22 hours agoFrom Dreamy Dining Rooms to Moody Basement Bars, Nearly 200 Venues Have Been Shortlisted for the 2025 Australian Interior Design Awards
-
Noosa News19 hours agoWestern Queensland graziers begin grim stock count after catastrophic floods