CBA First To Offer Crypto Services
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    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,451,814 (-0.59%)       Melbourne $954,733 (+0.50%)       Brisbane $706,830 (+2.69%)       Adelaide $649,510 (+1.37%)       Perth $582,081 (-0.52%)       Hobart $699,668 (-0.28%)       Darwin $636,930 (-0.88%)       Canberra $898,901 (-0.88%)       National $909,177 (-0.19%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $590,626 (-0.46%)       Melbourne $473,145 (-0.48%)       Brisbane $369,879 (-1.08%)       Adelaide $305,477 (+1.52%)       Perth $333,363 (-0.31%)       Hobart $487,440 (-6.89%)       Darwin $366,924 (-0.98%)       Canberra $397,038 (-7.49%)       National $434,380 (-2.60%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 9,125 (-508)       Melbourne 13,913 (-654)       Brisbane 8,220 (-594)       Adelaide 3,339 (+26)       Perth 11,136 (-136)       Hobart 437 (-7)       Darwin 240 (-6)       Canberra 672 (-20)       National 47,082 (-1,899)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 8,152 (-181)       Melbourne 8,696 (-136)       Brisbane 2,636 (-108)       Adelaide 847 (-27)       Perth 2,634 (+11)       Hobart 83 (-7)       Darwin 369 (-3)       Canberra 480 (+14)       National 23,897 (-437)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $580 (+$10)       Melbourne $440 ($0)       Brisbane $480 (+$5)       Adelaide $450 ($0)       Perth $470 (+$20)       Hobart $540 (-$10)       Darwin $630 (-$10)       Canberra $675 (-$5)       National $546 ($0)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $480 ($0)       Melbourne $360 (-$5)       Brisbane $440 ($0)       Adelaide $360 ($0)       Perth $410 (+$10)       Hobart $420 (+$30)       Darwin $500 (+$5)       Canberra $550 (+$3)       National $449 (+$4)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,520 (+340)       Melbourne 9,842 (+219)       Brisbane 4,108 (+67)       Adelaide 1,114 (+31)       Perth 1,987 (+27)       Hobart 190 (+17)       Darwin 116 (+9)       Canberra 402 (+37)       National 24,279 (+747)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 17,331 (+299)       Melbourne 15,809 (-365)       Brisbane 3,104 (-53)       Adelaide 577 (-23)       Perth 988 (-28)       Hobart 77 (+5)       Darwin 273 (+14)       Canberra 495 (-21)       National 38,654 (-172)                HOUSE ANNUAL GROSS YIELDS AND TREND       Sydney 2.08% (↑)        Melbourne 2.40% (↓)       Brisbane 3.53% (↓)       Adelaide 3.60% (↓)     Perth 4.20% (↑)        Hobart 4.01% (↓)       Darwin 5.14% (↓)     Canberra 3.90% (↑)      National 3.12% (↑)             UNIT ANNUAL GROSS YIELDS AND TREND       Sydney 4.23% (↑)        Melbourne 3.96% (↓)     Brisbane 6.19% (↑)        Adelaide 6.13% (↓)     Perth 6.40% (↑)      Hobart 4.48% (↑)      Darwin 7.09% (↑)      Canberra 7.20% (↑)      National 5.37% (↑)             HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.7% (↑)      Melbourne 2.4% (↑)      Brisbane 1.0% (↑)      Adelaide 0.7% (↑)      Perth 1.0% (↑)      Hobart 0.9% (↑)      Darwin 0.9% (↑)      Canberra 0.7% (↑)      National 1.5% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 3.7% (↑)      Melbourne 4.9% (↑)      Brisbane 2.0% (↑)      Adelaide 1.3% (↑)      Perth 1.4% (↑)      Hobart 1.7% (↑)      Darwin 1.0% (↑)      Canberra 1.5% (↑)      National 3.4% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND       Sydney 25.0 (↑)      Melbourne 26.4 (↑)        Brisbane 31.0 (↓)       Adelaide 24.8 (↓)     Perth 41.2 (↑)        Hobart 20.1 (↓)       Darwin 36.6 (↓)     Canberra 18.7 (↑)      National 28.0 (↑)             AVERAGE DAYS TO SELL UNITS AND TREND       Sydney 26.4 (↑)      Melbourne 28.8 (↑)        Brisbane 35.0 (↓)     Adelaide 30.3 (↑)        Perth 44.6 (↓)     Hobart 21.7 (↑)      Darwin 41.0 (↑)      Canberra 28.5 (↑)      National 32.0 (↑)            
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CBA First To Offer Crypto Services

The Commonwealth Bank announces strategic partnerships with global crypto leaders.

By Terry Christodoulou
Wed, Nov 3, 2021Grey Clock 2 min

Commonwealth Bank has announced that it will become Australia’s first bank to offer customers the ability to buy, sell and hold crypto assets, directly through the Commbank app.

Partnering with one of the world’s largest regulated crypto exchanges, Gemini, and leading blockchain analysis firm, Chainalysis, the bank has been able to design a crypto exchange and custody service within its app.

The pilot will start in the coming weeks and CBA intends to progressively roll out more features to more customers in 2022. CBA will provide customers with access to up to ten selected crypto assets including Bitcoin, Ethereum, Bitcoin Cash and Litecoin.

According to CBA, research it has conducted has found a large number of its customers want access to crypto assets as an investment class.

CBA CEO Matt Comyn firmly believes in the future of crypto as an asset class and wants to cement the bank’s role as a facilitator of safe trading.

“We believe we can play an important role in crypto to address what’s clearly a growing customer need and provide capability, security and confidence in a crypto trading platform,” said Mr Comyn.

Dave Abner, Global Head of Business Development, Gemini, said: “We are proud to be providing exchange and custody services to CBA as they begin to unlock access to cryptocurrency investments for many Australians.

As part of its approach, CBA has also partnered with Chainalysis, a global leader in blockchain data and analytics to help compliance teams monitor and mitigate the threat of crime through crypto asset exchanges.

Michael Gronager, CEO and Co-Founder, Chainalysis, said: “Financial institutions like CBA play an integral role in growing cryptocurrency adoption safely. We are thrilled to be a part of this important alliance with CBA and our partner Gemini to play a pioneering role in building trust in cryptocurrencies in the Australian market.”

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