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The Latest Breaking News from CBA

'People haven't splurged': tax cut spending subdued

Australian retailers are finally starting to see a more upbeat consumer, though spending is unlikely to be strong enough to fan the flames of inflation.

AAP

Revealed: Newcastle Airport insolvency risk as cash reserves plummet

Documents reveal the operation is running out of money.

Newcastle Herald

Why WNBA players are opting out of the CBA and what comes next, explained

Here's why WNBA players want out of their current deal with the league.

USA Today Sports Media Group

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WNBA Players Opt Out of Current CBA, Face Possible Work Stoppage in 2025

The WNBA Players Association will have to agree to a new deal by next fall to avoid a work stoppage.

Sports Illustrated

Tracking Adam Silver’s Agenda for Next Term as NBA Commissioner

With big TV and labor deals taken care of, the head of the league turns his focus to expansion, the fan experience and taming the dark side of sports gambling.

Sports Illustrated

CBA reverses duplicate transactions, vows fee refunds

The Commonwealth Bank has fixed a problem that caused repeated transactions for some customers as it promises to refund any fees.

AAP

Australia to send 49 tanks to Ukraine

Australia is sending 49 decommissioned tanks to aid Ukraine’s fight against Russia, and Mastercard and Visa are threatening to stop providing fraud services if card surcharges are scrapped.

Crikey

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CBA apologises, pays $7.5m fine after spam emails

Commonwealth Bank has been penalised after sending 170 million emails to customers with no way to unsubscribe.

AAP

CBA chair says ethical principles will govern AI use

Commonwealth Bank has the "best, most capable people" working on the use of artificial intelligence in its business, chairman Paul O'Malley says.

AAP

Will Caitlin Clark and her fellow WNBA stars soon be on strike?

The WNBA had a record year in terms of growth in viewership and attendance, and with that the players now want a bigger piece of the financial pie

The Independent UK

Inflation green shoots could spell earlier rates relief

A cooling rental market and slower pay growth hint at a disinflationary pulse some economists hope could deliver borrowers an early Christmas present.

AAP

Knicks Used CBA 'Loophole' to Execute Karl-Anthony Towns Trade

New York reportedly got creative to land KAT.

Sports Illustrated

Reserve Bank expected to leave interest rate untouched for seventh meeting in a row

Economic activity was ‘a little bit softer’ than central bank had predicted, one expert notes, but a rate cut still seems unlikely

The Guardian - AU

Cafe, pub splurge short-lived as consumer pain persists

Higher spending at hospitality venues in August was likely a blip as financial pressure on wallets is expected to stick around until 2025.

AAP

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USA Today Sports Media Group

How the NWSL cooked up the most pro-labor CBA in sports, explained

The NSWL just shook things up in a major way

The Guardian - US

‘It’s important we attract the best’: inside the NWSL’s groundbreaking deal that abolishes the draft

In an exclusive interview, commissioner Jessica Berman discusses the decision to become the first major US sports league to remove the draft, increasing revenue and expanding mental health support for players

Crikey

CommBank flips on fossil fuels as other banks fund Australia’s worst climate culprit

The Commonwealth Bank has set the standard for banking in a climate crisis: it will no longer offer services to companies without a serious transition plan to net zero.

The Guardian - AU

Commonwealth Bank to stop financing fossil fuel companies that don’t comply with Paris climate goals

Shareholders and customers of ANZ, Westpac and NAB are bound to demand their banks do the same, expert says

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AAP

Shareholders still cash in as CBA profit slips to $9.5b

Commonwealth Bank's net profit after tax was down six per cent to $9.5 billion in 2023/24 but Australia's biggest bank is increasing its dividend.

The Guardian - AU

Commonwealth Bank still predicts interest rate cut in 2024 as RBA defends keeping cash rate on hold

Reserve Bank’s chief economist says it is ‘difficult’ to hear the stories of those who ‘are struggling’

Sports Illustrated

Breaking Down the Best Olympic Basketball Players Who Don't Play in the NBA

There's plenty of non-NBA talent to be on display at the 2024 Olympics.

USA Today Sports Media Group

NFL, NFLPA discuss possible 18-game regular season

Is an 18-game regular season in the NFL on the horizon?

Sports Illustrated

The NFL 18-Game Season Sounds Inevitable

It probably won’t be long until the NFL adds another regular season game.

The Canberra Times

Customers urged to find new branches with Commonwealth Bank to close site

It is understood no jobs will be lost in the closure.

Fortune

Supreme Court overturning ‘Chevron’ decision could change banking regulation forever

The Supreme Court has overthrown a decades-old ruling in a 6-3 decision.

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