Finance powering Australia’s renewable energy future
Commonwealth Bank Australia’s sophisticated financing is powering growth and consolidation across Australia’s renewable energy sector.
Commonwealth Bank Of Australia
CBA’s position in loans market under pressure
Pressure is mounting on CBA to move to defend its position by offering lower interest rates to new customers.
Bowden block for sale as fugitive developer’s empire crumbles
An apartment block at Bowden developed by fugitive Sydney property developer Jean Nassif is being sold off by receivers.
CBA, BHP lift ASX; Azure gains
Rinehart play buoys SQM target Azure. Roy Hill mine’s $2.7bn annual profit. Future Fund’s quarterly return dips. Harvey Norman gains on $442m share buyback. Coles leads consumer staples higher.
Banks worked with AFP on operation
Australia’s banks have revealed their ongoing assistance with an AFP investigation into a massive money-laundering scheme.
CBA slashes minimum accepted deposit for investors
Australia’s largest bank, the Commonwealth Bank, will write loans for landlords with as little as a 5 per cent deposit.
Confessions from the Chairman’s Lounge
How hard is it to understand that the largesse on offer to public servants from Australia’s airlines might be worth actual money?
Don’t click: new wave of scams hits CBA
Australia’s largest bank has become a key target of scammers who are posting fake ads for its products laced with malicious links on social media.
AFL takes aim at secretive clubs in injury reporting crackdown
The time of Geelong having a player on its injury list with no return date, or a club making a late change with no explanation, is over. Here’s why.
Bank spin doctor’s claim: ‘Hamas has been demonised’
A public relations executive with a leading Australian bank has claimed the terrorist group Hamas has been demonised and suggested it may be necessary to impose a two-state solution by force.
ASX ends flat; CSL tumbles to four-year low
CSL sinks past Covid lows. PwC former boss Luke Sayers tells Senate inquiry he feels terrible, but there were a ‘number of bad actor tax partners’. Tabcorp tanks. CBA tips ‘live’ RBA meeting. Redbubble soars.
CBA defends voice funding
Shareholders have criticised Commonwealth Bank over the bank‘s decision to give the Yes campaign $2m.
Household pressure to ease as inflation moderates: CBA
The nation’s biggest bank is preparing for a lower growth environment, but CEO Matt Comyn expects pressure on households to ease as inflation moderated across the economy.
ASX up; Rinehart ups Liontown stake
Gina Rinehart’s Hancock Prospecting has 19.9 per cent of Liontown. CSL avoids first strike. Profit fall, outlook weighs on BoQ. Qantas gains on chair exit.
Tabcorp rivalry comes to an end
A war of antagonism and animosity within Tabcorp ranks has ended – with the two central protagonists being made redundant.
Leading Libs rebut ‘misinformation’
Senior Liberal frontbenchers have hit back at Anthony Albanese’s claim misinformation was undermining the voice referendum amid dwindling support for the government’s proposal.
State Libs ‘sorry’ for voice postal vote mistake
The WA Liberals have been forced to tell constituents that postal vote applications returned before referendum writs were issued are invalid.
Big four banks’ $7m Yes donation revealed
The size of the major banks’ donations has triggered Coalition claims that the case for change ‘is being made by our elites, for our elites’.
Major bank slashes nearly 200 jobs
Australia’s biggest bank will slash another 192 jobs, bringing its total staff cuts to more than 1000 in the past year, as part of its automation initiative.
CBA slashes jobs in automation push
Commonwealth Bank is axing nearly 200 back office jobs in Sydney, Melbourne and Perth, taking total staff cuts in the last year across Australia’s biggest bank to over 1000.
Incentives for Aussie businesses to go EV
A new finance offering is supporting companies on their journey to net zero by investing in electric vehicles.
Mortgage war looms amid battle for market share
Commonwealth Bank’s shrinking mortgage book is expected to ignite a new wave of competition between the big four banks.
CBA-backed Amber Electric slashes maximum power rates
Unconventional power retailer Amber Electric has passed on falls in wholesale prices to its customers but for most Australians energy bills continue to burn.
An October RBA cash rate pain predictor
Prognosticators from the likes of T. Rowe Price, Westpac, AMP Capital and CBA say recent statistics point to the RBA staying on hold on Tuesday. What about beyond then?
Shorter breaks, mid-season trades: all the CBA details revealed
AFL footballers will be able to be traded mid-season under the new CBA agreed to by all players while AFLW players will receive a pay rise of almost 30 per cent. All the details revealed.
Banks warn against ‘enshrining old practices’
Major bank bosses facing a grilling over branch closures in rural Australia are warning against mandates in a changing world.
Mid-season trade period edges closer in radical AFL shake-up
The AFL and the AFLPA are nearing an agreement on a new CBA, which looks to shake up the AFL in a big way, creating a new wrinkle in the home and away season.
The 784 pages set to create chaos across the nation
No business big or small will escape the clutches of the complex IR legislation. Jim Chalmers should take the day off and sit down with the 784 pages to try and understand what on earth it means.
Invoice lending platform Waddle finds new home with CBA
Commonwealth Bank hopes to enhance its business services with the acquisition of invoice lending platform Waddle.
Westpac, Macquarie seize home loan share from CBA
Commonwealth Bank was the first to stop its cashback offers to attract mortgages and that helped rival Westpac quadruple its signings, UBS data shows.
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