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Commonwealth Bank of Australia

  • Commonwealth Bank Backs Down on Cash Withdrawal Fee After Political Pressure
    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, 2024BY Monica O’Shea
  • ‘We Are Not Anti-Gas’: Commonwealth Bank CEO Defends Climate Policy
    ‘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, 2024BY Alfred Bui
  • Commonwealth Bank Profit Falls 6 Percent, Dividend Payout Increased
    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, 2024BY Celene Ignacio
  • Commonwealth Bank’s Net Profit Drops to $5 Billion in First Half of 2023-24
    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, 2024BY Alfred Bui
  • 82,000 Unwanted Texts Equals $300,000 Fine For Australian Business
    82,000 Unwanted Texts Equals $300,000 Fine For Australian Business
    4WD Supacentre had also been penalised in the past.
    January 30, 2024BY Rex Widerstrom
  • Aussies Predicted to Spend $4.6 Billion on Boxing Day Sales
    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, 2023BY Henry Jom
  • Cut Emissions or Face Higher Interest Rates: NAB Warns Australian Businesses
    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, 2023BY Alfred Bui
  • Australian Bank Uses AI to Block ‘Abusive’ Messages in Digital Payments
    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, 2023BY Monica O’Shea
  • Commonwealth Bank to Cut 192 Jobs for ‘Automation’
    Commonwealth Bank to Cut 192 Jobs for ‘Automation’
    The CBA reported a $10 billion profit in the 2023 financial year
    October 9, 2023BY Monica O’Shea
  • Australians More Wary of Scams: Research
    Australians More Wary of Scams: Research
    More Australians now are also checking grammatical errors in written communication they receive.
    September 26, 2023BY Celene Ignacio
  • CEO of Australia’s Largest Bank Explains Why Banks Need to Be Profitable
    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, 2023BY Rebecca Zhu
  • Australia’s Largest Bank Stops Funding New Oil and Gas Projects
    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, 2023BY Alfred Bui
  • Bank to Suspend, Cancel Accounts of Customers Engaged in ‘Financial Abuse’
    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, 2023BY Victoria Kelly-Clark
  • Australia’s Largest Bank Posts $5.15 Billion Half-Year Profit Amid Interest Rate Hikes
    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, 2023BY Alfred Bui
  • Australia’s Largest Bank Says It Will Stop Banking With Companies With No Climate Change Plan
    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, 2022BY Henry Jom
  • Three Major Australian Banks Lifted Interest Rates Following Central Bank’s Decision
    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, 2022BY Alfred Bui
  • Australian House Prices Continue to Fall in June as Interest Rate Hikes Bite
    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, 2022BY Alfred Bui
  • Australia’s Largest Bank Surprises Lending Market With Massive Fixed Rate Rises
    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, 2022BY Alfred Bui
  • Australia Loses More Than $10 Billion a Year Over Financial Abuse
    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, 2022BY Alfred Bui
  • The Face of Investors Is Changing, More Millennials Participating: CBA Study
    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, 2021BY Rebecca Zhu
  • Commonwealth Bank Joins Buy Now, Pay Later Market With StepPay
    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, 2021BY Rebecca Zhu
  • Lockdown Impact on Card Spending Muted in NSW Compared to Victoria
    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, 2021BY Rebecca Zhu
  • Australia Urged to Keep Taking Risks to Ensure Economic Growth
    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, 2021BY AAP
  • Over 60 percent of Aussie Millennials Don’t Have Savings Plans
    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, 2021BY Rebecca Zhu
  • Tasmania Rated Australia’s Number One State Economy: CommSec
    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, 2021BY Rebecca Zhu
  • Australian Bank Tells Distressed Property Investors to Sell
    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, 2021BY Rebecca Zhu
  • Australian Bank Sued Over Banned Commissions
    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, 2020BY Reuters
TOP NEWS
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    NEW By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Iran Launches First Missiles at Israel Since Ceasefire Agreement
    2hr By Jacki Thrapp
    Iran Launches First Missiles at Israel Since Ceasefire Agreement
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    3hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    3hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    5hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    6hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
    6hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    10hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    11hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
  • How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
    12hr By Jacob Burg
    How a Tiny Insect Decimated Florida’s Citrus, and What Orchardists Are Doing About It
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