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News

  • 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

    Written by Dylan Bushell-Embling19 Aug. 11 18:54
  • CBA grows FY11 profit to $6.39b

    Commonwealth Bank (ASX:CBA) recorded a 13% rise in FY11 profit to $6.39b, and improved its return on equity and net interest margins over the year

    Written by Dylan Bushell-Embling10 Aug. 11 17:57
  • CommBank pushing weekend NetBank upgrades

    The Commonwealth Bank will carry out upgrade work to its NetBank online banking portal at the weekend aimed at boosting the stability and integrity of its systems.

    Written by Tim Lohman20 May 11 15:36
  • Banks shrug off Moody's downgrade

    Shares in ANZ (ASX:ANZ), Westpac (ANZ:ANZ), Commonwealth Bank (ASX:CBA) and NAB (ASX:NAB) all gained in Thursday's trading despite Moody's credit rating downgrade

    Written by Dylan Bushell-Embling19 May 11 17:54
  • Anittel activates $5m finance facility

    Anittel (ASX:AYG) has activated a $5m finance facility with CBA – which had been a condition of the company continuing operations

    Written by Dylan Bushell-Embling18 March 11 16:47
  • Stock market in recovery but AUD slumps

    The stock market on Wednesday showed signs of recovering from a recent run of declines, but the Australian dollar fell to its lowest point since January

    Written by Dylan Bushell-Embling16 March 11 14:21
  • CommBank: Netbank transfers fixed

    The Commonwealth Bank (CBA) has confirmed that outstanding issues with its online banking portal NetBank have now been resolved.

    Written by Tim Lohman02 March 11 10:55
  • Commbank IT modernisation spending tips $1.1b

    The Commonwealth Bank (ASX:CBA) has flagged a “revised scope and costing” of its multi-year core banking modernisation program, tipping the scales at $1.1 billion.

    Written by Tim Lohman09 Feb. 11 11:27
  • Shared banking cloud possible, not practical: Westpac CIO

    Pooling infrastructure and applications into a common public cloud for Australia’s banks is not a far-fetched idea, but the practicality of getting all parties to agree will prevent its reality, according to the head of IT at Westpac bank.

    Written by Rodney Gedda15 Dec. 10 09:00
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