The Latest Breaking News from Matt Comyn

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 · Oct 16, 2024

Plague of our time: banks devoting more to scam fight

Australia's big four banks say they're setting aside more resources to prevent customers being scammed out of their money.

AAP · Aug 30, 2024

No cost to taxpayers from bond scandal: ANZ head

There will be consequences across ANZ following the misconduct of employees over bonds, the company's head says.

AAP · Aug 29, 2024

Easing global inflation story takes pressure off rates

Moderating inflation around the world could help the Reserve Bank build the case for an extended pause on interest rates.

AAP · Jul 16, 2023

Afternoon Update: Morrison ally faces possible Liberal expulsion; first home buyers slash spending; and the 10 highest-paid Australian CEOs

Alex Hawke delayed preselections, harming party’s chances at 2022 election, a motion submitted to NSW Liberal state council claims

The Guardian - AU · Jul 13, 2023

‘Do more to stop scammers’, watchdog tells bankers

Banks need to do more to prevent scammers from getting access to customers' funds, the consumer protection watchdog chair has told executives.

The New Daily · Mar 28, 2023

Households carry rate pain as businesses flourish

The disconnect between households worried about wages and mortgage repayments and businesses, which appear to be doing just fine, hasn't gone unnoticed.

AAP · Mar 10, 2023

Alan Kohler: RBA defence of interest-rate mallet highlights the truth about inequality

The first thing is that inequality is worsened by the responses to both low inflation and high inflation; it’s a lose/lose.

The New Daily · Feb 19, 2023

CBA execs grilled on climate change at AGM

Commonwealth Bank's chairman has pledged to shareholders that it won't bank with companies that don't have a climate transition plan by 2025.

AAP · Oct 12, 2022

Commonwealth Bank pauses in-app cryptocurrency trading after market turmoil

Bank says it will pause rollout of app-based trading of assets like bitcoin and Ethereum pending further regulation

The Guardian - AU · May 19, 2022