Collection House at a standstill

Debt buyer Collection House has entered into a standstill agreement with its lenders, Commonwealth Bank and Westpac, while it attempts to recapitalise the business. read more

Commercial property a key risk for lenders

The Reserve Bank has identified the commercial property sector as a "key risk for lenders", with developers and other geared investors facing the prospects of breaching their loan covenants. read more

CBA cuts variable mortgage rates

The Reserve Bank held off making any change to the cash rate yesterday but Commonwealth Bank took the opportunity to make some changes of its own, including cuts to variable mortgage rates. read more