The banking giant is seeking to widen its lead on the adoption of AI for fighting scams and faster approval of loans.
CEOs from two major Australian banks have warned that an escalation of Donald Trump’s trade war would harm global economic growth and drive up inflation.
Matildas captain Sam Kerr’s legal fight in Britain is a prickly and polarising issue,and it was kryptonite for Matt Comyn.
CBA beat expectations with its first-half result,and CEO Matt Comyn sees relief for home loan customers relief imminent with the RBA expected to cut rates next week.
Banks upheld their “safe haven” status in the market last year,and share prices surged – but could rate cuts reverse this trend and make it tougher for banks in 2025?
Australia’s banking sector is in rude health as far as the public is concerned and that could potentially land it in trouble in an election year.
The Australian sharemarket remained in the red throughout the day on Wednesday,marking the index’s third consecutive day trading lower.
Commonwealth Bank chief executive Matt Comyn said Australia’s economy is being weighed down by elevated interest rates and sticky inflation.
At the bank’s annual shareholder meeting,executives highlighted the uptick in customer hardship across the banking industry.
If a range of sugar-hit policies spur fresh demand leading to higher property prices,ownership could remain beyond the reach of many Australians.