23 hrs ago
Australia shares lose ground on China data, miners recover modestly
Australian shares dipped 0.7 percent on Monday led by a confluence of negative factors including weak economic data from China and investor concerns that the U.S. Federal Reserve may raise interest rates sooner than expected. China, Australia's largest export market, posted the weakest pace of expansion in factory output in nearly six years over the weekend while growth in other key sectors also cooled, raising fears it may be at risk of a sharp slowdown unless Beijing takes fresh stimulus measures.
Fri Sep 12, 2014
A Win for Employers: High Court of Australia Rejects the Expansion of Employment Law Rights
The High Court of Australia has handed down a much anticipated decision in Commonwealth Bank of Australia v Barker  HCA32 with respect to the implied term of mutual trust and confidence in employment contracts. The Federal Court had previously held that employment contracts contain an implied term of mutual trust and confidence.
GE, McDonald's, Starbucks, Nike Cut from DJSI
Amgen, Commonwealth Bank of Australia and GlaxoSmithKline are new additions to the Dow Jones Sustainability Indices, while Bank of America , General Electric , McDonald's , Starbucks and Nike are among the companies to get cut from the indices this year. The DJSI World is the first global index to track the financial performance of the leading sustainability -driven companies based on an analysis of financially material economic, environmental and social factors.
Thu Sep 11, 2014
Australia shares slip to 4-week lows on rising bond yields, miners edge higher
Australian shares were down 0.4 percent to four-week lows on Friday as investors exited equities on the back of rising bond yields, though an uptick among recently-routed mining stocks steadied the market. Commonwealth Bank of Australia dipped 0.6 percent, while Westpac Banking Corp lost 0.7 percent.
Tue Sep 02, 2014
Dollar in 30 minutes of freefall
The Australian dollar plunged below US93 for the first time in more than a week, dropping in the wake of a weakening yen and as the Reserve Bank of Australia continued its mild jawboning of the currency.
Fri Aug 29, 2014
Banks demand bail-out protection
Standard & Poor's said a bail-in scheme 'could have implications for our ratings' of the big four banks and Macquarie.
Thu Aug 28, 2014
Is this the end of the banks' golden run?
While the banks reported bumper results, there's concern it may be as good as it gets for investors.
Mon Aug 25, 2014
Australia shares edge higher in choppy trade, banks buoy
Australian shares added 0.1 percent on Tuesday, as banks and insurers helped lift the market to follow Wall Street higher overnight, but resource stocks underperformed as spot iron ore prices remained locked near the year's lows.
Fri Aug 22, 2014
CBA targets retail for bond hybrid sale
Australia's biggest bank is pressing ahead with plans to offer complex hybrid capital securities to retail buyers even after the UK regulator deemed the format too risky for individual investors.
Tue Aug 19, 2014
Five Takeaways From RBA Governor Glenn Stevens's Testimony
Reserve Bank of Australia Governor Glenn Stevens delivered his semi-annual testimony to a parliamentary panel in Brisbane today in which he indicated lower interest rates were unlikely to accelerate growth; rather, what the economy needed was a release of "animal spirits."
Last Aussie Bull Capitulates as CBA Pares Rate Bets: Currencies
Commonwealth Bank of Australia is losing faith in the ability of the local dollar to extend its world-beating gains this year.
Mon Aug 18, 2014
The New Zealand Herald
Ralph Norris named new Fletcher Building chair
Fletcher Building has announced former Air NZ and Commonwealth Bank of Australia chief executive Ralph Norris as its new chairman.
Sir Ralph Norris new Fletcher chairman
Waters, who first signalled his plan to retire from the company last year, will end his 13-year involvement with the company on October 21. He joined Fletcher Building in 2001 as chief executive and served in that role until 2006.
Milk-to-Lamb Rally to Buoy Best-to-Worst Kiwi: Chart
Pricier lamb and China's increasing thirst for milk signal New Zealand 's dollar may halt the declines since July that turned the world's best-performing major currency into the worst.
CBA chief pay jumps over $8 million
Commonwealth Bank of Australia chief executive Ian Narev has received just a slight boost to his pay, up 1.2 per cent to $7.9 million, despite another record profit up 12 per cent to $8.6 billion.
Sun Aug 17, 2014
Commonwealth Bank of Australia to raise A$2 bln via subordinated notes
Commonwealth Bank of Australia , the country's No.1 lender by market value, said on Monday that it will raise A$2 billion through subordinated, unsecured notes to help fund its business.