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Commonwealth Bank of Australia
Commonwealth Bank Backs Down on Cash Withdrawal Fee After Political Pressure
The $3 fee applies to withdrawals at a bank branch, but not at the ATM.
December 3, 2024
BY
Monica O’Shea
‘We Are Not Anti-Gas’: Commonwealth Bank CEO Defends Climate Policy
CEO Matt Comyn said while the bank supported the gas industry, it needed to keep its net-zero commitments.
August 30, 2024
BY
Alfred Bui
Commonwealth Bank Profit Falls 6 Percent, Dividend Payout Increased
The bank cited increased competition, lower deposit earnings from the competition, and unfavourable portfolio mix as among the ...
August 14, 2024
BY
Celene Ignacio
Commonwealth Bank’s Net Profit Drops to $5 Billion in First Half of 2023-24
The bank cited the impact of inflation and challenging economic conditions for the reduction in net profit.
February 14, 2024
BY
Alfred Bui
82,000 Unwanted Texts Equals $300,000 Fine For Australian Business
4WD Supacentre had also been penalised in the past.
January 30, 2024
BY
Rex Widerstrom
Aussies Predicted to Spend $4.6 Billion on Boxing Day Sales
Cost of living pressures were driving a significant change in Australians’ shopping behaviour, the CBA said.
December 20, 2023
BY
Henry Jom
Cut Emissions or Face Higher Interest Rates: NAB Warns Australian Businesses
'Our risk as a bank will be impacted by how green your business is. It’s not to say ...
December 8, 2023
BY
Alfred Bui
Australian Bank Uses AI to Block ‘Abusive’ Messages in Digital Payments
In a 'world first,' the bank will make this AI model free to any bank in the world.
November 9, 2023
BY
Monica O’Shea
Commonwealth Bank to Cut 192 Jobs for ‘Automation’
The CBA reported a $10 billion profit in the 2023 financial year
October 9, 2023
BY
Monica O’Shea
Australians More Wary of Scams: Research
More Australians now are also checking grammatical errors in written communication they receive.
September 26, 2023
BY
Celene Ignacio
CEO of Australia’s Largest Bank Explains Why Banks Need to Be Profitable
Chief executive of the Commonwealth Bank of Australia (CBA), Matt Comyn, says every country needed a strong banking ...
August 10, 2023
BY
Rebecca Zhu
Australia’s Largest Bank Stops Funding New Oil and Gas Projects
Australia’s largest bank will no longer fund new fossil fuel projects as it strengthens its climate change commitments. ...
August 10, 2023
BY
Alfred Bui
Bank to Suspend, Cancel Accounts of Customers Engaged in ‘Financial Abuse’
The National Australia Bank (NAB) has assured customers that new rules that allow it to "cut off" customers ...
July 18, 2023
BY
Victoria Kelly-Clark
Australia’s Largest Bank Posts $5.15 Billion Half-Year Profit Amid Interest Rate Hikes
The largest commercial bank in Australia has posted a solid half-year financial result as interest rate hikes, and ...
February 14, 2023
BY
Alfred Bui
Australia’s Largest Bank Says It Will Stop Banking With Companies With No Climate Change Plan
One of Australia’s big four banks has pledged to its shareholders that it won’t bank with large customers ...
October 14, 2022
BY
Henry Jom
Three Major Australian Banks Lifted Interest Rates Following Central Bank’s Decision
Three of Australia's Big Four banks have adjusted their variable home loan rates upward one day after the ...
July 6, 2022
BY
Alfred Bui
Australian House Prices Continue to Fall in June as Interest Rate Hikes Bite
Australian house prices are falling, with housing experts expecting to see more significant downward trends in the upcoming ...
July 1, 2022
BY
Alfred Bui
Australia’s Largest Bank Surprises Lending Market With Massive Fixed Rate Rises
Australia's largest bank has suddenly raised its fixed interest rates for homeowners and investors by a massive 1.4 ...
June 30, 2022
BY
Alfred Bui
Australia Loses More Than $10 Billion a Year Over Financial Abuse
Approximately 600,000 Australians suffered from financial abuse in 2020, causing the victims and the economy to lose $5.7 ...
February 25, 2022
BY
Alfred Bui
The Face of Investors Is Changing, More Millennials Participating: CBA Study
New research found that the COVID-19 pandemic accelerated the trend of millennials becoming self-directed investors, with the most ...
December 3, 2021
BY
Rebecca Zhu
Commonwealth Bank Joins Buy Now, Pay Later Market With StepPay
Commonwealth Bank of Australia (CBA) has announced it will launch its own buy now, pay later (BNPL) platform, ...
August 18, 2021
BY
Rebecca Zhu
Lockdown Impact on Card Spending Muted in NSW Compared to Victoria
The recent lockdown restrictions in New South Wales (NSW) have had a lower impact on spending activity in ...
July 7, 2021
BY
Rebecca Zhu
Australia Urged to Keep Taking Risks to Ensure Economic Growth
The Australian government and businesses are being urged to keep taking risks as they did during last year's ...
June 24, 2021
BY
AAP
Over 60 percent of Aussie Millennials Don’t Have Savings Plans
According to a recent survey, over 60 percent of Australian millennials don’t have a savings plan for their ...
June 2, 2021
BY
Rebecca Zhu
Tasmania Rated Australia’s Number One State Economy: CommSec
According to a report, Tasmania has been rated as the best-performing state economy for the fifth quarter in ...
April 27, 2021
BY
Rebecca Zhu
Australian Bank Tells Distressed Property Investors to Sell
Commonwealth Bank of Australia (CBA) is encouraging distressed property investors to take advantage of the surging house prices ...
March 30, 2021
BY
Rebecca Zhu
Australian Bank Sued Over Banned Commissions
SYDNEY/BENGALURU—Australia's corporate regulator filed a lawsuit against No. 1 lender Commonwealth Bank of Australia, accusing it of improperly collecting commission ...
June 23, 2020
BY
Reuters
TOP NEWS
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
NEW
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
2hr
By
Jacki Thrapp
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
3hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
3hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
5hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
6hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
6hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
10hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
11hr
By
Naveen Athrappully
How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
12hr
By
Jacob Burg