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The Latest Breaking News from CommBank

Coach amazed by Matilda's courage in face of tragedy

Matildas coach Joe Montemurro has praised Wini Heatley for a selfless gesture in the lead-up to the big win over New Zealand.

AAP

CBA boss says repaying ‘excessive fees’ to low-income customers could be seen as taking shareholder money

Commonwealth Bank Australia– which reported a record cash profit of $10.3bn in most recent financial year – charged $270m in ‘excessive fees’ over five years

The Guardian - AU

Venezuela 1-0 Australia: men’s international football friendly – as it happened

Socceroos fail to fire against La Vinotinto in Houston as their 2026 World Cup preparations take a hit with a second straight defeat

The Guardian - AU

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A New Multipolar World Is Here — And Investors Can't Rely On Old Assumptions

The global system is no longer defined by a single dominant power. Thus, investors can no longer rely on geopolitical assumptions that shaped most of recent history. That was the core message from Marko Papic, Chief Strategist at BCA Research, in his keynote address at the CommBank's 15th Global Markets…

Benzinga

Big four banks slammed for profiting from fossil fuels

Australia's big four banks have made billions from investing in fossil fuel projects in the past decade, but only two have made steps to walk away.

AAP

CommBank shares drop despite $2.6b quarterly profit

Australia's biggest company has posted its financial results for the quarter, but despite improving on most metrics, it still looks too dear to most investors.

AAP

Services restored for thousands hit by CommBank outage

Australia's biggest bank has restored services after an outage that left thousands of customers unable to use online banking and some ATMs.

AAP

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Toure, Irankunda dazzle as Socceroos beat NZ

Tony Popovic's call to start Nestory Irankunda and Mohamed Toure has paid off as the boom youngsters' goals gave the Socceroos a 3-1 win over New Zealand.

AAP

Now that's an embarassing U-turn - bank forced to rehire human workers after their AI replacement fails to perform

Automating mundane tasks is harder than it looks, CommBank admits.

TechRadar

Australia’s borrowers may have to wait weeks for Reserve Bank’s rate cut to reduce their mortgage

NAB said it would wait 13 days to pass on the 0.25% cut to borrowers, while Westpac announced it would wait 14 days

The Guardian - AU

Kennedy excited for Matildas midfield under Montemurro

Veteran defender Alanna Kennedy has put her hand up for more chances in the Matildas' midfield after being used there by new coach Joe Montemurro.

AAP

Banking Passwords Stolen From 31,000 Australians And Traded Online By Cybercriminals

An investigation has revealed that more than 31,000 passwords from Australia's Big Four banks have been compromised and shared with cyber criminals online.

Pedestrian.tv

A NYC-Themed Pop-Up Ft. Free Iconic Hot Dogs From Johnny G Is Coming To Melbourne

This weekend, you can get a slice of the Big Apple in Melbourne as the CBD will be channelling Times Square vibes and slinging free hot dogs.

Pedestrian.tv

Commonwealth Customers Will Soon Cop A $3 Charge For Withdrawing Their Own Cash From The Bank

Commbank Australia has announced a change to its users' accounts that will see a withdrawal charge added from next year.

Pedestrian.tv

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The Guardian - AU

Young Australians cut back in cost-of-living crisis while older people shop more, data shows

Commonwealth Bank finds over-70s cohort spent 7.7% more from July to September than the same time last year

AAP

Solar battery surge expected for plugged-in households

More Aussie households are expected to investigate solar batteries as a way to save on the cost of power rather than the cost to the environment, a bank says.

Pedestrian.tv

Matildas Beat Germany For First Time In 19 Years Thanks To Godly Screamer From Kyra Cooney-Cross

The Matildas have just beat Germany for the first time in 19 years, thanks to some beautiful goals from Kyra Cooney-Cross and Clare Hunt.

The Guardian - AU

Younger Australians feel like the game is rigged. And with the spending gap widening, who can blame them?

Older Australians are spending above the inflation rate, counteracting efforts to cool the economy and further disadvantaging younger generations

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The Guardian - AU

Australians’ spending softened in March after Taylor Swift concert splurge

The economy is limping into 2024 after per capita activity shrank for the final three-quarters of last year

AAP

CBA restores service, apologises after overnight outage

Commonwealth Bank has apologised after an outage overnight locked customers out from their accounts.

The Guardian - AU

Australia’s economy likely to slow until stage-three tax cuts, lower interest rates and easing inflation kick in, CBA says

Spending tipped to moderate until households start getting some relief in the middle of the year, CommBank chief economist says

The Canberra Times

The figures that show young cop brunt of cost-of-living pain

But that same pain is not being seen in all demographics.

AAP

Menacing messages to be targeted by AI banking tool

Artificial intelligence will be used to identify and flag threatening messages sent to victims' bank accounts, in a tool to be shared with banks worldwide.

The Guardian - AU

Sydney pro-Palestine rally to go ahead without NSW police approval – as it happened

This blog is now closed.

The Guardian - AU

Women’s World Cup fuelled uptick in Australian household spending last month, CommBank data shows

Increase in nominal spending contrasts with other recent surveys showing consumer confidence was languishing at depressed levels

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