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The Latest Breaking News from CommBank

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

The Guardian - AU

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.

AAP

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.

Pedestrian.tv

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read the most diverse news in one place.

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.

Crikey

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

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

The Guardian - AU

CBA restores service, apologises after overnight outage

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

AAP

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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 Guardian - AU

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

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

The Canberra Times

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.

AAP

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

The Guardian - AU

Major Commonwealth Bank outage prevents some customers from accessing accounts

CBA says issue resolved without reporting cause, but advises delay in some payments as services brought back online

The Guardian - AU

Under 35s cutting back while older Australians increasing spending as cost-of-living pressure rises

Younger Australians are being forced to change their behaviour to deal with the rising cost of living, a report based on the financial data of 7 million people shows.

ABC News

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The Guardian - AU

ABC thumbs its nose at News Corp and Acma with rerun of Fox and the Big Lie

Revamped Sarah Ferguson documentary to air on Four Corners after initial version sparked complaints. Plus: the Australian’s own goal

ABC News

From emissions to employment, ESG could change the way Australians farm

Some call it greenwashing, others transparent sustainability guidelines. Either way, ESG is trickling down to Australian farmers, changing the way food and fibre is produced.

AAP

Uncertain outlook hits business confidence

The conditions for running businesses remain rosy but the business community is starting to fret about the looming economic slowdown.

AAP

Tigers forced to push back suburban shift

Plans for the Wests Tigers to play all Sydney home NRL games at Campbelltown and Leichhardt have been pushed back to 2024 due to the FIFA Women's World Cup.

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Crikey

Business holds up in face of rising rates

Business confidence and conditions eased in May in the face of rising prices and interest rates, but were still holding at relatively high levels.

Pedestrian.tv

When I Grow Up I Wanna Be That Mate Who Actually Uses Their Cashback Feature To Save Moula

There's always one financially cluey person in any group of mates. The type of person who uses things like cashback to save money.

People

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