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Interest Rates

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

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

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Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/4