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Showing 151 - 160 of 3425 results for commonwealth bank

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... fuel (-7.6%) and electricity (-17.9%) were significant moderators of annual inflation for the month as a result of Commonwealth Energy Bill Relief Fund rebates. "The falls in electricity and fuel had a significant impact on the annual CPI measure this ...

ASX hunts new chief risk officer

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... the financial sector. Prior to the ASX, the risk management executive held senior roles in risk management at Commonwealth Bank for 12 years. And before that, he was the managing director and head of risk management at Zurich Capital Markets between ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... rates until 2025 unless there is a material change to their forecasts of inflation and economic conditions. Commonwealth Bank head of Australian economics Gareth Aird said the bank has now changed its forecast for the first rate cut to be delivered in ...

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
... weakening labour market, it makes sense for the Fed to start normalising interest rates and monetary policy." Commonwealth Bank senior economist Belinda Allen said that if inflation returns to target, the Fed's priority should shift to jump-starting ...

TradingHub makes Australian debut

MATTHEW WAI  |  TUESDAY, 10 SEP 2024
... occupied at a senior role in risk management at the ASX and most recently the executive general manager of one of Commonwealth Bank's financial crime remediation unit. "David and Michael's vast financial, regulatory and technology experience will not ...

AMP hires GM risk, compliance

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... superannuation, investments, platforms, and operations. She was also in senior risk and compliance roles at ANZ and Commonwealth Bank.

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
... with the board's current thinking". The RBA has introduced forward guidance since the August board meeting, and Commonwealth Bank of Australia (CBA) head of Australian economics Gareth Aird says this guidance is "at odds" with the central bank's communication ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... central bank will need to cut rates. In Australia, the monthly CommBank Household Spending Insights (HIS) Index, Commonwealth Bank (CBA) revealed household spending in July was flat (unchanged at 148.2), indicating consumers have been trimming spending. ...

Wages grow 0.7% in June quarter

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... "The stronger June quarterly rise for the public sector was largely due to the newly synchronised timing pattern of Commonwealth public sector agreement increases." Government employees saw their pay adjust on March 14. "This led to a larger increase ...

Misconduct cases soar at CBA

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
Commonwealth Bank of Australia (CBA) has revealed there were 2259 substantiated cases of misconduct for the year, up from 1122 the previous year. Of those, 18 were cases of sexual harassment or other sex-based harassment, two were a result of bullying ...