News Articles for Commonwealth Bank of Australia

Bankwest has returned to profitability, today posting a first-half cash profit of $64 million while its parent company, Commonwealth Bank of Australia, increased its cash profit by 54 per cent.

There is good news ahead with 2010 shaping to be a much better year for Western Australian businesses, with a majority of employers expecting the local economy to pick up pace in the next 12 months, according WA's peak industry body.

Confidence among Western Australian businesses has bounced back to boom levels, a new survey shows.

It is not that Perth dealmakers are joining the dole queues, they have just had a little more time on their hands recently.

An increasing number of businesses in Western Australia are becoming more confident about the local economy's prospects with some saying the current economic climate has been good for business.

Business confidence in Western Australia has dropped to a record low with almost 75 per cent of firms believing economic conditions will deteriorate further in the next year, a new survey by the Chamber of Commerce and Industry WA has found.

Commonwealth Bank of Australia had terminated a share placement agreement with Merrill Lynch following confusion over its $2 billion capital raising launched last night.

Business confidence in Western Australia has hit record lows as the global economic uncertainty starts to impact owners, two separate surveys have found.

THE roll call of Western Australian businesses directly affected by the global credit crunch grew suddenly during the past week, with several listed companies changing their plans in response to the meltdown on Wall Street.

A possible deal for the acquisition of BankWest by the Commonwealth Bank of Australia is likely to be reached tomorrow, as the major bank confirmed it was in exclusive talks with HBOS Plc to buy the Australian retail banking arm.

Business confidence in the WA economy has fallen to a seven-year low in the wake of the global credit crisis, according the latest Commonwealth Bank-Chamber of Commerce and Industry business expectations survey.

The Bank of Queensland's aggressive push into Western Australia has highlighted a growing trend of franchising within the finance industry.

Commonwealth Bank of Australia decreased its relevant interest from 39,890,295 ordinary shares (9.06%) to 34,025,295 ordinary shares (7.73%).

Commonwealth Bank of Australia increased its relevant interest from 15,324,574 ordinary shares (9.23%) to 17,060,911 ordinary shares (10.27%).

Commonwealth Bank of Australia decreased its relevant interest from 45,035,365 ordinary shares (10.23%) to 39,890,295 ordinary shares (9.06%).

Commonwealth Bank of Australia decreased its relevant interest from 53,177,559 ordinary shares (13.55%) to 48,443,708 ordinary shares (12.29%).

Commonwealth Bank of Australia ceased to be a substantial shareholder.

Commonwealth Bank of Australia decreased its relevant interest from 56,548,357 ordinary shares (14.64%) to 53,177,559 ordinary shares (13.55%).

Commonwealth Bank of Australia ACN increased its relevant interest from 12,388,279 ordinary shares (8.82%) to 16,217,913 ordinary shares (10.26%).

Big retailers, big miners and big contractors sit at the top of WA Business News' second annual survey to find the state's largest employers.

Commonwealth Bank of Australia increased its relevant interest from 10,966,912 ordinary shares (7.81%) to 12,388,279 ordinary shares (8.82%).

Commonwealth Bank of Australia ceased to be a substantial shareholder.

Commonwealth Bank of Australia increased its relevant interest from 48,077,390 ordinary shares (12.49%) to 56,548,357 ordinary shares (14.64%).

Commonwealth Bank of Australia increased its relevant interest from 36,679,476 ordinary shares (13.78%) to 48,077,390 ordinary shares (12.45%).

Commonwealth Bank of Australia ceased to be a substantial shareholder.

Commonwealth Bank of Australia became a substantial shareholder with a relevant interest of 6,372,849 ordinary shares (4.94%)

Commonwealth Bank of Australia increased its relevant interest from 9,562,407 ordinary shares (6.81%) to 10,966,912 ordinary shares (7.81%)

Commonwealth Bank of Australia decreased its relevant interest from 49,931,661 ordinary shares (11.34%) to 45,035,365 ordinary shares (10.23%)

Commonwealth Bank of Australia decreased its relevant interest from 53,001,328 ordinary shares (12.35%) to 49,931,661 ordinary shares (11.34%)

Commonwealth Bank of Australia ceased to be a substantial shareholder

Commonwealth Bank of Australia became a substantial shareholder with a relevant interest of 7,593,398 ordinary shares (5.41%)

Commonwealth Bank of Australia decreased its relevant interest from 18,708,971 ordinary shares (6.57%) to 17,770,613 ordinary shares (5.56%)

Commonwealth Bank of Australia increased its relevant interest from 28,019,631 ordinary shares (10.52%) to 32,679,476 ordinary shares (12.27%)

Commonwealth Bank of Australia ceased to be a substantial shareholder

Commonwealth Bank of Australia decreased its relevant interest from 58,387,613 ordinary shares (13.60%) to 53,001,328 ordinary shares (12.35%)

Commonwealth Bank of Australia became a substantial shareholder with a relevant interest of 6,910,394 ordinary shares (5.0%)

Commonwealth Bank of Australia ceased to be a substantial shareholder.

Commonwealth Bank of Australia became a substantial shareholder with a relevant interest of 18,708,971 ordinary shares (6.64%).

14-Nov-05 Commonwealth Bank of Australia decreased its relevant interest from 61,617,623 ordinary shares (14.54%) to 58,387,613 ordinary shares (13.60%).

11-Nov-05 Commonwealth Bank of Australia decreased its relevant interest from 28,156,326 ordinary shares (12.03%) to 27,127,408 ordinary shares (10.60%).