The heads of Australia's two largest banks are more than happy to talk about how they are assisting customers who may still be suffering hardship after last year's recession.
Australia's securities regulator says it will seek penalties and other orders against Commonwealth Bank after the Federal Court found the country's top lender had overcharged interest to customers.
Hockey WA has demonstrated its commitment to raising its profile and strengthening its relationship with the corporate sector, appointing former WA Super boss Fabian Ross as CEO.
Commonwealth Bank chief Matt Comyn is not worried about a housing price bubble forming from low rates, saying buying is different to the previous boom.
Credit and debit card data has given an early indicator of how last week's lockdown influenced spending in Western Australia, down 3.3 per cent against the same week in 2020.
In this video interview, commercial banker Gary McGrath discusses the challenges of 2020, the bright outlook for next year and the benefits of a morning bike ride.
A bright idea cooked up in the early stages of the pandemic has provided 34,000 meals for people in need, while also supporting local hospitality venues.
Australia's biggest banks appear to be chasing new home loan business by cutting their fixed rate products, rather than supporting existing customers with variable rate mortgages.
Westgem Investments, the property developer behind the $500 million Raine Square project, has lost its battle over damages claims relating to the project, with the Supreme Court ruling in favour of the Commonwealth Bank.
Commonwealth Bank of Australia boss Matt Comyn says the lender entered the coronavirus pandemic in a very strong position but has been impacted nonetheless.
The Australian Securities and Investments Commission is suing the Commonwealth Bank and subsidiary Colonial First State Investments over a banking royal commission finding that the latter paid bank staff to promote a superannuation product to customers.
Law firm Slater and Gordon is filing a class action against Commonwealth Bank, alleging that Australia's largest bank sold customers credit card and personal loan insurance that was worthless to them.
Commonwealth Bank is setting aside $1.5 billion for potential defaults on account of COVID-19-related shutdowns and will sell a majority stake in its Colonial First State wealth management unit, as it braces for an economic slowdown and falls in house prices.
Australian shares have achieved back-to-back gains for the first time since the coronavirus crisis began, rallying in the final minutes of trade on reports that US politicians have reached a deal on a massive US stimulus deal to shore up the world's biggest economy.
Small businesses impacted by the coronavirus crisis will be able to defer their loan repayments for six months under a plan put forward by the banking industry.
Concerns over COVID-19 have led to the cancellation or postponement of more events in the state, including Australia's largest annual mining conference Diggers & Dealers, along with the Anzac Day services. The virus has also led to more businesses changing their working arrangements.
The Australian share market has suffered yet another day of carnage, plunging again after US President Donald Trump suspended travel from Europe for a month to limit the coronavirus pandemic.
The Australian stock market has suffered its worst single day loss in nearly a dozen years, as a brewing price war over oil added to the global tumult.
The Reserve Bank of Australia has cut the cash rate to a new record low of 0.5 per cent as it acts to soften the economic impact of the coronavirus, with Australia's "big four" banks each announcing they would pass on the rate cut in full.
Commonwealth Bank of Australia's mortgage lending surge has underpinned an expectation-defying first-half result, even as the lender feels the heat from regulatory costs and a bushfire-related rise in loan impairments.
