CBA results at a glance

Seven per cent growth in operating income was the highlight of Commonwealth Bank's results for the year to June 2013. CBA chief financial officer David Craig said the bank was very pleased with the.. read more

CBA foreshadows higher expenses

Commonwealth Bank faces higher expenses in the current financial year, largely as a result of regulatory and accounting changes. However, it said, it would avoid short-term cost cutting. read more

Big banks entice borrowers

In the latest move by a big bank to pick up some mortgage market share, National Australia Bank has launched a cash-back offer. Home-owners will get A$1000 cash if they refinance with NAB. read more

Personal credit remains in the doldrums

While there are signs of life in the business credit and mortgage markets, personal lending shows no sign of coming out of the slump it has been in for several years. According to latest ABS figures.. read more

Cheque issuance continues to track down

Australian consumers and businesses wrote an average of 16.3 million cheques a month during the 2012/13 financial year. This number has fallen from 18.9 million a month in 2011/12 and 21.7 million a.. read more

GE loans work for Pepper

When Pepper Australia bought GE Capital's Australian mortgage portfolio in 2011 it was a very poorly performing book. Pepper's group treasurer, Todd Lawler, said then it was worth taking a risk on.. read more

CBA launches an online forum

Commonwealth Bank has launched what it claims is the world's first retail bank online support forum. The service allows customers to ask questions about their banking arrangements and receive advice.. read more