CBA's Lock and Limit gets 40k enrolments
The Commonwealth Bank of Australia (ASX: CBA) has announced 40,000 enrolments for its Lock and Limit service that allows credit card users to lock and unlock certain transactions on their card.
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ANZ, NAB pass on cash rate cut
ANZ (ASX:ANZ) and NAB (ASX:NAB) have followed the other Big Four in applying the RBA's rate cut to their mortgages, but NAB will not pass on the full 0.25%
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Reserve Bank cuts cash rate
The RBA on Tuesday voted to trim the cash rate by 25 basis points to 4.5%, marking the first cut since early 2009
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ASX plunges below 4000
The ASX 200 plunged 106 points or 2.6% to close at 3964, well below the psychologically important 4000 mark.
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Consumer caution impact hits new sectors
Business sales fell 0.3% in July, in what Commonwealth Bank (ASX:CBA) said was a result of the impact of poor consumer sentiment spreading beyond retail