Australian News Today

Category : Commonwealth Bank

Commonwealth Bank’s share price continues to defy analyst expectations. Here’s why

With Australia's economy growing at its slowest pace in decades and expectations interest rates could soon start to fall, analysts are warning there is too much

While the super-tax proposal is being criticised, it’s an idea that Labor and big business used to like

When the Greens proposed an extra super-profits tax on the excessive part of really excessive profits last week, business and the government acted as if the sky

Major banks lent $3.6b to fossil fuel projects in 2023 using a ‘back door’

In short: Australia's big four banks loaned $3.6 billion to fossil fuel companies and their projects in 2023, analysis has shown.Projects financed include Wood

How 1-cent transactions are being used to deliver abusive messages

In short: An ongoing Commonwealth Bank pilot tackling financial abuse has identified strong enough cases to refer to police.The bank said people transfer low-v

Big four banks warn first rate cut won’t come until November, as ‘incredibly strong’ migration makes the RBA’s task ‘more difficult’

In short: The economics teams at Australia's 'Big Four' banks all expect the Reserve Bank to cut interest rates in November, rather than September.They say last