The recently released data also revealed an increase in commercial property and domestic housing loans
The bank is now working towards home loans for later this year
The ABA has supported the move saying it will increase competition and choice
The milestone brings the group closer to “revolutionise the way Australians think about banking”
Figures also show interest-only loans have dropped by 50% since last year
“We’re not perfect but we are not conflicted about who we are working for”