CBA realise that Aussie housing is a massive worry ! That is why they have decided to take on the politicians with their 0.45% (doesn't anyone find it funny that Hockey raised his bank grievances in the days before the RBA and CBA announcement - sounds a little like major players knew what was coming up ??)
Further, CBA maybe shaking out the borrowers who are close to default - to lessen risk further down the road - take some grief now for benefits later on idea ... just thoughts ...:)
(Disclaimer: I have no mortgage etc ... )
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