CBA flags $1.5b coronavirus hit, warns of 32pc house price fall in 'prolonged downturn' scenario

Author : News Master Published: May 12, 2020

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The Commonwealth Bank sets aside a large pile of cash to cover expected COVID-19-related losses, as Australia's biggest home lender warns of a potential 32 per cent house price crash in a worst-case "prolonged" economic downturn.

from ABC News https://ift.tt/2WORRSC
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