Focus
Commonwealth Bank of Australia
Australia's Largest Bank Backs Down on New Cash Withdrawal Fee Amid Political Pressure
The $3 fee applies to withdrawals at a bank branch, but not at the ATM.
‘We Are Not Anti-Gas’: Commonwealth Bank CEO Defends Climate Policy
CEO Matt Comyn said while the bank supported the gas industry, it needed to keep its net-zero commitments.
Commonwealth Bank Profit Falls 6 Percent, Dividend Payout Increased
The bank cited increased competition, lower deposit earnings from the competition, and unfavourable portfolio mix as among the reasons for the decline.
Commonwealth Bank’s Net Profit Drops to $5 Billion in First Half of 2023-24
The bank cited the impact of inflation and challenging economic conditions for the reduction in net profit.
82,000 Unwanted Texts Equals $300,000 Fine For Australian Business
4WD Supacentre had also been penalised in the past.
Aussies Predicted to Spend $4.6 Billion on Boxing Day Sales
Cost of living pressures were driving a significant change in Australians’ shopping behaviour, the CBA said.
Cut Emissions or Face Higher Interest Rates: NAB Warns Australian Businesses
‘Our risk as a bank will be impacted by how green your business is. It’s not to say we won’t bank you, but the cost of borrowing will be affected’: executive.
Australian Bank Uses AI to Block ‘Abusive’ Messages in Digital Payments
In a ‘world first,’ the bank will make this AI model free to any bank in the world.
Australia's Largest Bank to Cut 192 Jobs for 'Automation'
The CBA reported a $10 billion profit in the 2023 financial year
Australians More Wary of Scams: Research
More Australians now are also checking grammatical errors in written communication they receive.
