ASX Announcements
Market Sensitive
September Quarter 2024 Basel III Pillar 3
Periodic Reports - Other
- Nov 13, 2024
- 19 pages
Today
Here’s the real reason why CBA shares keep rising
A loyal band of retail investors are underpinning the rally in Commonwealth Bank despite warning from brokers that the stock is overvalued.
- 52 mins ago
- Cecile Lefort
- Opinion
- Governance
Three things directors must learn from a time of scandals
A board director’s job is getting more complex. But they need to maintain their own clear lines of sight into the businesses they oversee.
- Mark Rigotti
This Month
Macquarie could pass on bank levy to home borrowers
Banking disrupter Macquarie would jack up interest rates on mortgages or even leave the retail market altogether under a rural service proposed levy, an analyst says.
- Lucas Baird, John Kehoe and Tom McIlroy
Student caps row; Alan Jones arrested; Markets ‘dangerously bullish’
Read everything that’s happened in the news so far today.
- Exclusive
- Big four
Macquarie, Westpac and CBA big losers from $350m rural bank levy
Confidential details shared with industry participants show the size of the cost to the biggest lenders as Treasury attempts to keep regional branches open.
- Updated
- John Kehoe and Joshua Peach
CBA’s Comyn boils over at Apple free-riding on banks
The CBA boss said the government should consider hitting tech companies with a bank-style levy to even the competitive playing field.
- James Eyers and Lucas Baird
CBA says borrowers are banking tax cuts to bolster mortgage buffer
Commonwealth Bank said its borrowers hoarded the benefits of the government’s stage three tax cuts to afford themselves breathing room on their mortgages.
- Updated
- Lucas Baird and James Eyers
- Opinion
- Chanticleer
CBA finds a way to win in mortgages, but is it enough?
You could buy 10 of the ASX’s top 50 companies with the amount of money the bank’s shareholders have made in the past year.
- Anthony Macdonald
Dutton’s tax surprise; Trump picks Musk; Borrowers ‘bank tax cuts’
Read everything that’s happened in the news so far today.
Telstra and ANZ say human call centres will have AI agents
The way companies deal with their customers is going to change in the AI era, two of Australia’s biggest companies say, but humans will still be involved.
- Paul Smith
ANZ banks on Plus to cut costs by a third despite market scepticism
The lender has floated the idea of cutting mortgage costs if it can transition some 7 million customers onto the new technology platform by the end of 2028.
- James Eyers and Lucas Baird
CBA exit hands $5b in assets to LGT Crestone
As first reported by Street Talk, CBA sold the Commonwealth Private business and its $5 billion in funds under management to LGT on Monday.
- Lucas Baird
Qantas under pressure; Endeavour shares dive; Great Apple gadget
Read everything that’s happened in the news so far today.
Meet the new owner of CBA’s ultra high net worth business
All of CBA’s advisers and support staff have been offered roles at LGT Crestone, sources said.
- Updated
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Scams
Verifiable credentials: Shorten’s ID push to stop scams
One of the nation’s biggest banks will help test the roll-out of trusted digital identities to stop scams and prevent data breaches of personal information.
- Andrew Tillett
- Opinion
- Chanticleer
Look no further than the banks to see a stubborn productivity problem
Investors either have a longer time horizon than we thought, or are happy to pay more for less. We now know it is the latter, and that does not bode well.
- Anthony Macdonald
- Opinion
- Big four
Why can’t Macquarie make up its mind on what CBA is worth?
When CBA reports strong quarterly profits this week, leading banking analysts will say sell. But their colleagues in wealth management will tell clients to buy.
- Tony Boyd
- Opinion
- Chanticleer
Why NAB is taking a leaf out of CBA’s book
Andrew Irvine is borrowing from Matt Comyn’s successful strategy of creating a virtuous flywheel in consumer banking.
- James Thomson
Game on! $16b CDC Data Centres posts IMs, calls for bids by Christmas
Naturally, the first port of call would be the long list of infrastructure investors who are still nursing broken hearts after missing out on AirTrunk.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Economist Warren Hogan abandons RBA rate rise call
Warren Hogan at Judo was the only economist tipping a rate rise. He is now calling for a rate cut, but not until November 2025.
- Cecile Lefort