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One of Australia's biggest banks hopes to see customers apply for home loans using an AI tool

The day is coming when Australians will be able to apply for a home or business loan via artificial intelligence.

CEO of Australia’s Largest Bank Sees AI Workforce Consequences Across the Economy

Australia's biggest bank chief confronts AI's economy-wide job toll, warning of smaller teams and disappearing roles ahead.
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Rates are rising. Are Australia's biggest bank shares still worth buying?

The last time Australia faced back-to-back interest rate rises, most investors were hoping the worst was behind them. Not anymore. The Reserve Bank of Australia has now raised the cash rate to 4.1%, ...
Reuters

National Australia Bank's shares hit record high on robust first-quarter cash profit

Q1 cash profit rises to A$2.02 billion Shares rise to record level Quarterly NIM slips 2 bps to 1.80% Feb 18 (Reuters) - National Australia Bank's (NAB.AX), opens new tab shares shot to a record high ...

Commonwealth Bank shares slump on tax changes, provisions; Australian lenders fall

By Scott Murdoch and Rajasik Mukherjee May 13 (Reuters) - Shares of Australia's largest mortgage lender, Commonwealth Bank of Australia (CBA), dropped 9% on Wednesday after it set aside A$200 million ...