Policy comes as debate continues over causes of and solutions to housing issues. Follow today’s news live
Get our breaking news email, free app or daily news podcast
CBA records bumper $11bn profit
Commonwealth Bank has recorded a bumper $11bn full year cash profit, up 7%, after recording strong growth in home and business lending, despite recent weakness in the housing market.
We’re going to present a final plan to building ministers later this year and that will streamline the code, reduce variations, improve where the provisions are too complicated, make the code relevant in an age of AI.
Continue reading...This article was originally published by The Guardian and written by Krishani Dhanji.
Read original article on The Guardian