Commonwealth Bank of Australia set for worst week since mid-May as mortgage applications drop

Commonwealth Bank of Australia

14/08/2026 05:27

** Shares of Commonwealth Bank of Australia CBA.AX extend losses to a sixth straight session; last down 0.9% at A$167.54
** Shares of country's largest lender are down 5.8% so far this week, on track for worst weekly performance since May 11
** Despite record profit, CBA flags 15% decrease in home loan applications since property tax changes in May
** YTD, shares up 4.4%

 (Reporting by Nichiket Sunil in Bengaluru)
 ((Nichiket.Sunil@thomsonreuters.com))