The Korea Herald

Big 4 banks questioned by parliamentary committee

By ABC NEWS (Australia)

Published : July 13, 2023 - 18:32

    • Link copied


The home loan cliff, mortgage stress and an epidemic of scams are just some of the issues the bosses of Australia’s biggest banks have been grilled about by a parliamentary committee. The reserve bank's promise to keep lifting rates may be building the pressure for borrowers but the big four banks aren't sweating just yet.