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Banking

Bad news for cash in Aus in 2025

The ability to get and use cash is getting harder, prompting concerns that physical money faces an uncertain future in Australia – and that’s cause for concern.

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Banking
SYDNEY, AUSTRALIA - NewsWire Photos December 11, 2020: Commonwealth Bank Signage at a branch in the Sydney CBD. Picture: NCA NewsWire / James Gourley

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.

Banking
SYDNEY, AUSTRALIA - NewsWire Photos December 11, 2020: Commonwealth Bank Signage at a branch in the Sydney CBD. Picture: NCA NewsWire / James Gourley

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.

Original URL: https://www.dailytelegraph.com.au/business/companies/banking/page/10