You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

10 Aug 2017 (AFR) – CBA housing debt: WA ‘elevated’ home loan arrears double the national rate

(10 August 2017, AFR, p44, by Michael Bleby)

‘Western Australia leads the country in terms of problem home loans for Commonwealth Bank of Australia, with a 1.23 per cent arrears rate that is twice the national average. While home loans in the west only account for 16 per cent of the total for the country’s biggest mortgage lender, the proportion of loans that are 90 days or more behind in repayments jumped by a quarter from close to 1 per cent in December, the bank’s results for the year to June showed on Wednesday.’

Read more at (might need AFR login access, or try:


About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: