Au Cba News Today

By Alice Uribe SYDNEY--Commonwealth Bank of Australia posted an 8% fall in half-year net profit, driven partly by higher operating expenses and competitive...

By Alice Uribe SYDNEY-- Commonwealth Bank of Australia, the country's largest bank, will use its data collection to help authorities understand how major...

By Alice Uribe SYDNEY--Commonwealth Bank of Australia posted a 6% fall in annual net profit, flagging that downside risks are building as higher interest...

Some Australian borrowers may find it easier to refinance their mortgages, with Commonwealth Bank of Australia saying it will make changes to the way it...

The AUD/USD set a new year-to-date low near 0.6460 overnight before recovering a tad, and Commonwealth Bank of Australia thinks that level could be breached if market bets on another RBA rate hike prove to be wrong.

The USD can increase against other currencies such as AUD and NZD because we expect the dollar buying will spill over to other currency pairs, CBA said.

Updated Jan. 11, 2021 4:49 pm ET SYDNEY—Interest charges have been one of the defining features of credit cards for decades and so when an employee at a big Australian bank suggested getting rid of them, he was taking a risk. “He said, ‘Well, what about a no-interest credit card?’ ” said Rachel Slade, personal banking group executive at National Australia Bank Ltd. , recalling a feedback session at one of the lender’s Melbourne offices. “And everyone’s like, ‘What? T...