The risks are highlighted by Commonwealth Bank having spent and provisioned a collective AUD 4.1 billion on customer remediation between fiscal 2014 and 2023 and paying a civil penalty of AUD 700 ...

The largest position in The Montgomery Fund portfolio, at almost eight per cent of the portfolio, is the Commonwealth Bank of ...

Following the Reserve Bank of Australia's (RBA) decision to decrease the official cash rate by 0.25% per annum (p.a.), CBA ...

Commonwealth Bank of Australia provides retail ... banking accounts, credit cards, personal and business loans, car and equipment finance, business overdraft, and international payment services ...

The CBA boss’ call was echoed by HECS architect Bruce Chapman, who said Jim Chalmers’ changes made sense, but fixing housing ...

Banks are prohibited from telegraphing rates moves in advance, but it doesn't take much reading between the lines to see that ...

The polarising issue of payment surcharging will come to the fore again in coming weeks, as the Reserve Bank prepares to ...

Millions of households are hoping financial relief is closer than ever as the RBA meets for the first time this year, where ...

Since then, lenders have treated student debt the same as credit card debt or personal loans ... cut all the HECS debts by 20 ...

Judo is well capitalized with a common equity Tier 1 ratio of 13.8% as of December 2024, well above the Australian Prudential Regulation Authority's 8% minimum capital benchmark for standardized banks ...

What exactly happened? It’s a big deal because the decision comes after 13 consecutive interest rate hikes since May 2022 — ...