Lots of coverage of this in AFR. Do people take this as
a) a good sign that CBA is competing less and only writing more profitable loans or
b) a bad sign that CBA is looking to reduce exposure to home loans as it sees a lot of risk in house prices and recent move higher in rates
or something else?
I think it is the right thing to do to step away from the low quality rat race of lower prices and trying to win market share.
"The bank’s lending to owner-occupiers and housing investors fell to $542.2 billion at the end of September, Australian Prudential Regulation Authority data shows. This was down on $543 billion in August, $544.4 billion in July and $546.3 billion at the end of June.It is the first time CBA’s mortgage book has shrunk for three consecutive months since at least 2004, and the first quarterly fall since 2011."
Lots of coverage of this in AFR. Do people take this asa) a good...
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Last
$172.87 |
Change
-0.600(0.35%) |
Mkt cap ! $289.2B | |||
| Open | High | Low | Value | Volume |
| $173.40 | $173.61 | $170.97 | $281.9M | 1.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5 | $172.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $172.87 | 400 | 1 |
View Market Depth
| Last trade - 16.17pm 25/07/2025 (20 minute delay) ? |
| CBA (ASX) Chart |