ASX Announcements
Notification regarding unquoted securities - CBA
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Dec 4, 2024
- 8 pages
Notification regarding unquoted securities - CBA
Appendix 3G (Notification of Issue, Conversion or Payment up of Unquoted Equity Securities)
- Dec 4, 2024
- 9 pages
Yesterday
- Opinion
- Domestic violence
Banks, insurers must do better on silent epidemic of financial abuse
There are the men who perpetrate financial abuse, but there are also the platforms which have for too long been unprepared to confront the damage they facilitate.
- Deborah O'Neill
Albanese blocks China with $140m Nauru deal
The new treaty with the Pacific nation gives Australia a veto over security, banking and teleco agreements – and comes with a $140m price tag.
- Andrew Tillett
Westview plans $750m steel mill for Brisbane as Gupta woes worsen
The privately owned supplier of reinforced steel rods is concerned about being too reliant on Chinese imports, and wants the new plant to be operating by 2027.
- Simon Evans
UBS, Citi, ANZ and CBA navigate fraught Christmas parties
The investment bankers of Sydney held their year-end dos against a backdrop of complex contextual matters.
- Myriam Robin and Mark Di Stefano
This Month
Meet our Business People of the Year | GDP grumpiness | CBA’s rare slip
This week on the Chanticleer podcast, James and AFR Editor-in-Chief James Chessell take you inside the AFR’s Business Person of the Year awards, examine business’ angst over the economy and look at an uncharacteristic political blunder by the Commonwealth Bank.
Australia’s 50 highest-paid CEOs in 2024 revealed
Macquarie Group’s Shemara Wikramanayake is Australia’s best-paid CEO for the fourth year in a row.
- Patrick Durkin
Trophies and sequins as Australia’s business leaders gonged
A $70,000 Rolex and a sequined jacket show life is sweet for the victors, though the path isn’t always smooth.
- Updated
- Myriam Robin and Mark Di Stefano
Banks, insurers told to work harder to prevent financial abuse
A committee chaired by Labor senator Deborah O’Neill has tabled 61 recommendations to reduce the insidious practice.
- James Eyers
- Opinion
- Chanticleer
No one has come out of CBA’s cash blunder looking good
The bank’s fee mess is an uncharacteristic stuff-up. But it’s also a missed opportunity to have proper debate about technology, economic growth and equity.
- James Thomson
- Opinion
- Business People of the Year
Matt Comyn finds his voice – and delivers for shareholders
The CEO has driven the Commonwealth Bank from strength to strength, propelling him on to the 2024 The Australian Financial Review Business People of the Year list.
- James Eyers
- Opinion
- Business People of the Year
Humble starts, billion-dollar deals unite Business Person of the Year winners
Founders of Chemist Warehouse Jack Gance, Sam Gance and Mario Verrocchi, and AirTrunk’s Robin Khuda take the top prize for 2024.
- James Thomson
CBA hires Treasury deputy as chief economist
Luke Yeaman is the latest hire for the big banks out of the government department or the Reserve Bank of Australia.
- John Kehoe
CBA backs down on withdrawal fee after Chalmers leans on Comyn
Treasurer Jim Chalmers had called the $3 charge for branch withdrawals “unacceptable”. Australia’s largest bank reconsidered.
- James Eyers and John Kehoe
CBA shuffles the deck in business banking; jobs go
Street Talk understands the Big Four bank has made three senior roles in the Client Acquisition Team redundant.
- Sarah Thompson, Kanika Sood and Emma Rapaport
NAB won’t lean on rates in fight for business lending crown
“You have to be competitive on price – that is the ticket to the game – but you don’t have to be the cheapest,” business banking boss Rachel Slade says.
- Lucas Baird
November
Economists abandon hopes of RBA cutting rates in February
Economists at AMP, ANZ and Bank of Queensland have joined a chorus of forecasters expecting rate cuts no sooner than May.
- Alex Gluyas and Joshua Peach
CBA prepares for AI to transform banking, with dozens of uses
The country’s biggest bank is already using AI to resolve 15,000 payment disputes every day. And its chief executive, Matt Comyn, says many more uses are on the way.
- James Eyers and Lucas Baird
- Opinion
- Chanticleer
CBA’s Matt Comyn on AI: ‘Are you at the table or on the menu?’
The pace of change in the world of AI in the past year has been stunning, the CBA boss says. But there are big strategic questions for the bank to work through.
- James Thomson
- Opinion
- Chanticleer
Inside the advice shop putting wealthy Australians into private equity
Australian private equity is only really starting to crack the holy grail – wealthy families. How are they doing it? One name keeps coming up.
- Anthony Macdonald
Essential Ingredient failure spurred on by skeleton sales staff
A report prepared for creditors also said the gourmet retailer may have traded insolvent for months before its collapse in September owing $7 million.
- Simon Evans
