CBA accelerates tech investment to record levels
CEO Matt Comyn is ramping up the bank’s technology investment, given his staunch view of the role AI, digital infrastructure and tech execution will play over the next decade.
Commonwealth Bank Of Australia
ASX soars on big bank’s mega earnings
The Australian sharemarket closed at a record high on Wednesday off the back of strong share price growth from the major banks.
‘Green shoots’: CBA shows we’ve finally hit a turning point
The banking giant is the closest thing Australia has to a real-time measure of the economy. And big investors are now betting on an important shift coming.
Don’t bank on a rate cut: CBA
Commonwealth Bank CEO Matt Comyn says a legion of homeowners would be disappointed if interest rates were not cut next week, but says rate relief is by no means a certainty.
Macquarie quits climate alliance amid policy shift
Macquarie is the first major Australian lender to withdraw from the Net Zero Banking Alliance, while larger rival CBA will reassess its membership.
CBA announces eye-watering profits
CBA has announced an eye-watering half-yearly profit despite citing cost-of-living concerns for customers.
ASX hits record; Woolworths cutting jobs; BHP finds new chair
CBA and Computershare hit records. Woolworths cutting jobs. AGL narrows guidance after profit fall. Suncorp’s March cash windfall, buyback promise. Star ex-boss: Casino ‘run in clean and legal’ way. BHP appoints new chairman. US CPI data next equity markets trigger.
ASX 200 down as Trump tariffs loom; tech sector hit
Steel, aluminum producers mixed after latest Trump tariff threat. Is JB Hi-Fi topping out? Car Group, JB Hi-Fi and WiseTech leading losses. In contrast, Star and Ansell find support.
Telstra and CBA’s breakthrough on bogus accounts
The nation’s largest bank and telco say they’re already in talks to licence breakthrough fraud technology to Telstra’s largest rivals Optus and TPG.
Bumpy week ahead as profits revealed
The sharemarket’s near record highs will be tested in what’s shaping up to be another volatile week for investors with eyes on CBA’s half-year results.
ASX treads water before US jobs data; CBA and Westpac hit highs
ASX ends flat as markets await key US jobs numbers. CBA and Westpac hit record highs and NAB an 18-year high. Domino’s jumps 21 per cent, as Collins Foods and Nick Scali also gain. Amazon falls after earnings disappoint.
‘Unacceptable risk’: More Aussie businesses ban DeepSeek
Some of Australia’s biggest companies, including Commonwealth Bank, TPG and Optus are banning or snubbing China’s DeepSeek after intelligence agencies warned of an “unacceptable risk” to national security.
Westpac reveals the identity of its new business boss
The banking major is still to announce a chief financial officer or human resources boss, as new CEO Anthony Miller makes his mark on the executive make-up.
Enshrine speedy response against scams into law, says CBA
CBA wants policymakers to include rules in the Scams Prevention Framework that require within 48 hours action by telcos, social media providers and banks, to disrupt scams.
Major bank flags big risk in rate cut
Australia’s biggest bank says there may be some brief relief for those priced out of owning a home, but there could be a brutal side effect to cutting rates.
CBA rolls out AI agent for business customers
Commonwealth Bank is introducing an AI agent for tens of thousands of business customers that will handle queries and provide ChatGPT-style responses.
CBA opens up prefab mortgages in bid to fix housing crisis
Commonwealth Bank is the first major bank to ease lending guidelines around prefabricated housing in a bid to lift supply.
CBA floats sale of pub baron’s boat
Jon Adgemis probably has bigger things on his mind than the loss of his lifestyle trappings, but if you’re in the market for a luxury yacht then the Commonwealth Bank has a deal waiting for you.
‘It’s on’: Major bank expects Feb rate cut
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
‘It’s on’: Major bank expects Feb rate cut
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
Original URL: https://www.theaustralian.com.au/topics/commonwealth-bank-of-australia/page/2