Australia's Macquarie joins major banks in exiting global climate coalition
Australia's Macquarie Group said on Tuesday it would leave a global banking sector climate coalition, joining a host of North ...
Top Australian bank CBA's first-half profit beats estimates
Commonwealth Bank of Australia reported better-than-expected first-half cash earnings on Wednesday, helped by robust volume ...
$55 billion: Australia's new home loan records — and how much we're borrowing
On average, NSW residents borrow a whopping $811,000, Queenslanders borrow $635,000, South Australians borrow $580,000 and ...
Valuation Risks Loom Large Over Australia's Top Bank CBA's First-Half Earnings
Shares in CBA, Australia's biggest bank, have soared nearly 70% since November 2023 when the central bank lifted interest ...
Macquarie becomes first Australian bank to exit Net Zero Banking Alliance
Macquarie Group has withdrawn from the world’s largest climate banking alliance, making it the first major Australian ...
Commonwealth Bank of Australia CEO sees weak private sector
Private sector growth is weak, immigration is starting to slow and geopolitical uncertainties remain.” ...
Commonwealth Bank Raises 1H Profit 6.1% Amid Higher Volumes -- Update
SYDNEY--Commonwealth Bank raised its first-half profit by 6.1% as Australia's largest bank lifted lending volumes and cut loan impairments despite pressure on consumers and businesses from inflation ...
Commonwealth Bank of Australia (CBA) Receives a Sell from Morgans
Morgans analyst Nathan Lead maintained a Sell rating on Commonwealth Bank of Australia (CBA – Research Report) today and set a price target of ...
Australia's CBA First-Half Profit Climbs as Economic Pain for Consumers Wanes
Cash net profit increased 2% to A$5.1 billion ($3.2 billion) in the six months to end-December from a year earlier, bolstered ...
Australia business confidence improves even as conditions slacken, survey says
A measure of Australian business activity eased in January as sales and profits softened, a survey showed on Tuesday, though ...
Top Australian bank CBA's first-half profit rises 2%
Commonwealth Bank of Australia reported a nearly 2% rise in first-half cash earnings on Wednesday, helped by robust volume growth across its home lending and deposit products portfolio as well as a ...