Page 2 - John Storey News Today

Commonwealth Bank’s cash profit has fallen 3 per cent in the first half of the financial year to $5 billion as profit margins suffer.

A clock will be officially unveiled in Ilminster to commemorate Queen Elizabeth II’s Platinum Jubilee.

Endless angles of speculation and re-analysis long after the event

(Bloomberg) -- Consumer spending, China’s economic stimulus and potentially higher dividend payouts are in focus as Australia’s earnings season gathers pace this month.Most Read from BloombergTesla Asks Which Jobs Are Critical, Stoking Layoff FearsHaley Loses Nevada Primary to ‘None of These Candidates’ OptionChina Replaces Top Markets Regulator as Xi Tries to End RoutUS Commercial Real Estate Contagion Is Now Moving to EuropeCitadel Among Hedge Funds That Got Morgan ...

Cinnamon Girl is the hottest offshore two-hander in Ireland

Analysts and financial advisers have different views on which of the country’s major financial institutions will offer the best return for shareholders.

The bank’s full-year cash profit was up 14 per cent, helped by diversified lending to companies, as it lifted its dividend.

New research from the Institute of Public Affairs has confirmed Australia’s three self-proclaimed “fact-checking” organisations were biased against arguments that opposed the Voice to Parliament.

Westpac said it has offered deferred or paused repayments to three-quarters of its customers in hardship, as banks slice rates for customers who haggle.

(Bloomberg) -- Macquarie Group Ltd.’s profit suffered after fewer asset sales and weakness in its commodities and global markets business. A surprise buyback of as much as A$2 billion ($1.29 billion) offered some relief to investors.Most Read from BloombergBankman-Fried Found Guilty of Fraud at FTX Criminal TrialIntuit Is Closing Personal-Finance App Mint, Shifts Users to Credit KarmaAmazon’s Jeff Bezos Announces Move to Miami From SeattleS&P 500 Rises Almost 2%; Apple Down in...