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Example Interest Rates: Home Loan Variable: 2.87% (2.9%*) • Home Loan Fixed: 3.74% (3.48%*) • Fixed: 2.48% (2.94%*) • Variable: 2.84% (3.44%*) • Investment IO: 2.3% (3.76%*) • Investment PI: 2.04% (3.8%*)

1.6 – Daniel Huggins, CommBank’s Head of Home Lending, Testifies at the Banking Royal Commission

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Daniel Huggins, executive general manager of home buying at Commonwealth Bank of Australia (CBA) is being questioned over the bank’s reliance on mortgage brokers, the controls in place to prevent and detect fraud and the implications of paying commissions based on loan size, including trailing commissions. Recorded on 15 March 2018 at the Owen Dixon Commonwealth Law Courts Building in Melbourne.

Belief has archived all data made available by the Banking Royal Commission with information available on our blog, in Yabber, or via the BRC API.

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