Commonwealth Bank
Updated
World markets
ASX slides as ‘Trump trade’ peters out on Wall Street; miners, banks fall
The Australian sharemarket remained in the red throughout the day on Wednesday, marking the index’s third consecutive day trading lower.
- by Hannah Hammoud
Latest
Updated
Earnings season
Trump’s tariff plan to fuel global inflation, could keep rates high: CBA boss
Commonwealth Bank chief executive Matt Comyn said Australia’s economy is being weighed down by elevated interest rates and sticky inflation.
- by Sumeyya Ilanbey
The secret partnerships targeting financial crime
Australians lose $3 billion to financial crime each year, and with major compensation laws looming, law enforcement agencies are ready to go to war.
- by Sarah Danckert and Sumeyya Ilanbey
Updated
World markets
ASX closes on a high as CBA, mining stocks rally
The local index was boosted by a raft of soaring stocks as investors remained optimistic for news of a stimulus boost from China.
- by Hannah Hammoud
Updated
Australian economy
WA’s economy officially the best of the best
WA led in three key categories, securing its position as the top state or territory for the quarter for the first time in a decade.
- by Hamish Hastie
CBA sorry after glitch drains some customer accounts
The bank said the issue was rectified Saturday afternoon, but not before a rash of online complaints from customers.
- by Caitlin Powell and Gemma Grant
Commonwealth Bank cops another fine for breaching spam laws
An ACMA investigation has slugged the bank $7.5 million for sending over 170 million marketing emails to customers with no way for them to unsubscribe.
- by Hannah Hammoud
CBA flags ‘very challenging’ conditions for households as high rates bite
At the bank’s annual shareholder meeting, executives highlighted the uptick in customer hardship across the banking industry.
- by Kayla Olaya
Former CBA manager jailed after pocketing $US2 million in bribes
Jon Waldron has shown no remorse for his offending and made no progress in his rehabilitation, NSW District Court Judge Phillip Mahony said.
- by Michaela Whitbourn
Hoping for the RBA to cut interest rates? Here’s what the big four banks are saying
While markets are expecting at least one rate cut before the end of the year, RBA governor Michele Bullock and most of the big four banks disagree.
- by Millie Muroi
Small businesses hit with $7 billion in unexpected costs
Small businesses buckling under the pressure of rising costs and a sluggish economy have been hit with $7 billion in unexpected costs in the past year, highlighting the financial pressure on the nation’s engine room.
- by Sumeyya Ilanbey
Original URL: https://www.watoday.com.au/topic/cba-eu