Matt Comyn
Why big banks will have a target on their back next year
Australia’s banking sector is in rude health as far as the public is concerned and that could potentially land it in trouble in an election year.
- by Sumeyya Ilanbey
Latest
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
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
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
Opinion
Home loans
Should it be easier for the banks to give you a home loan?
If a range of sugar-hit policies spur fresh demand leading to higher property prices, ownership could remain beyond the reach of many Australians.
- by Elizabeth Knight
‘Chilling effect:’ Business heavyweights send an economic warning to Canberra
Business titans said the rising populist tone in public debate is a danger to the economy as they faced Prime Minister Anthony Albanese at a high-powered event on Tuesday night.
- by Clancy Yeates
CBA is taking down 50 fake websites a week. The boss wants tougher rules
As he defended the bank’s $9.8 billion profit before a parliamentary inquiry on Thursday, CBA boss Matt Comyn also called for an overhaul of the tax system.
- by Millie Muroi
Opinion
Earnings season
What’s driving the CBA money machine, and what would a rate cut do?
The biggest company on the ASX is a critical bellwether for the economy. Beneath the bank’s headline $9.8 billion profit, a few points stood out.
- by Clancy Yeates
Updated
Earnings season
CBA chief sees economic rebound as bank posts $9.8b profit
Matt Comyn is expecting some relief for households over the next year after a post-pandemic downturn that has depleted household savings to historic lows.
- by Sumeyya Ilanbey
CBA yearly profit set to fall below $10 billion
Investors are highly anticipating the release on Wednesday of CBA’s full-year results, which are widely seen as a bellwether for the health of the broader economy.
- by Sumeyya Ilanbey
Analysis
Network outage
Data deleted: UniSuper outage raises lockout fears
Members of one of the nation’s largest superannuation funds have regained access to their funds, but there are new questions about the Australia’s reliance on three US tech giants.
- by David Swan
Original URL: https://www.watoday.com.au/topic/matt-comyn-1m0k