The ‘big switch’ driving CBA’s mega milestone
There are big forces helping Commonwealth Bank to defy gravity and quietly move up the pecking order to be the 11th biggest bank in the world.
Banking
Major Aussie bank posts mammoth profit
One of Australia’s Big 4 banks has posted a mammoth statutory profit for the first financial year quarter, asserting the economy is “fundamentally sound” despite cost of living pressures.
Major Aussie bank posts mammoth profit
One of Australia’s Big 4 banks has posted a mammoth statutory profit for the first financial year quarter, asserting the economy is “fundamentally sound” despite cost of living pressures.
China stimulus does little to lift ASX
The struggling Chinese economy has few rays of hope for Australian miners, as the big iron ore producers sink the ASX to a loss on Monday.
More Stories
‘False prophets’: RBA deputy’s warning
A man at the top of the Reserve Bank of Australia has warned Aussies against “false prophets” who claim to know what will happen in the future.
The five big mistakes inside the Qantas boardroom
A forensic look at Qantas’s failings finds the overriding theme was a dominant, long-term CEO who called all the shots in the face of a weak board.
Banker ‘destroyed’ by 120 fraud charges
A former bank employee’s life has been “destroyed” by allegations she defrauded multiple banks out of tens of thousands of dollars, a court has been told.
Coal king Glencore rewrites the rules on ESG
Glencore is reframing the debate on coal’s future. Some of Australia’s biggest investors will be quietly cheering the miner on.
Inside Coles’ mighty $1bn bet on supermarket competition
The Australian got a look at Coles’s ultra-high-tech new warehouse that has just given it the edge over rival Woolworths.
‘Not on agenda’: RBA’s grim rate cut outlook
Mortgage holders have been given a reprieve after the Reserve Bank kept interest rates on hold at 4.35 per cent, but should not expect a cut anytime soon.
‘Not on agenda’: RBA’s grim rate cut outlook
Mortgage holders have been given a reprieve after the Reserve Bank kept interest rates on hold at 4.35 per cent, but should not expect a cut anytime soon.
Major bank shuts down troubled lender
One of Australia’s banking giants has shut down a home loan lender, ending a 33-year-run for the troubled business.
Deep dive: Aussie shares thumped by global currents
The reality is Australia is being thumped by an international arm wrestle over interest rates. The sheer weight of global capital being readjusted means investors just need to buckle up.
Workers told to get back into offices
The largest employer in the country has ordered its staff to get back into the office as working from home appears done for good.
Original URL: https://www.adelaidenow.com.au/business/companies/banking/page/24