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.
Sat Sep 06, 2014
Spark fixes online meltdown
FIREFIGHTERS are battling to contain a California wildfire that has forced hundreds of homes near Yosemite National Park to be evacuated. A US man allegedly used Commonwealth Bank of Australia cloned credit cards at Gap and Banana Republic clothing stores in Texas.
PM vows to keep Australia secure
PRESIDENT Barack Obama is delaying action on immigration, saying that politicising the issue during elections could hurt future efforts for an overhaul. A US man allegedly used Commonwealth Bank of Australia cloned credit cards at Gap and Banana Republic clothing stores in Texas.
Sydney Morning Herald
US man held after Aust credit card fraud
A Texas man accused of going on a shopping spree with "cloned" Australian credit cards in US stores has been arrested. Authorities in Austin, Texas, launched an investigation after the Commonwealth Bank of Australia reported customers were victims of credit card fraud.
Thu Sep 04, 2014
Press release distribution, EDGAR filing, XBRL, regulatory filings
Our Ref. MD7817 ISIN Code. XS0599391223 INTEREST ... Research and Markets: Future Horizons and Growth Strategies in the UK Molecular Diagnostics Market 2014: Supplier Shares and Country Forecasts )--Research and Markets has announced the addition of the "Future Horizons and Growth Strategies in the UK ... )--COMMONWEALTH BANK OF AUSTRALIA Issue of EUR 25,000,000 Floating Rate Notes due March 2017 Series 5059 Tranche 1 MTN ISSUE NAME.
Wed Sep 03, 2014
Sydney Morning Herald
Rates stuck in holding pattern
At the monthly board meeting on Tuesday, the RBA kept the cash rate at 2.5 per cent for the 12th consecutive meeting, marking the longest period of steady rates since 2006.
Homeless $44b as banks lose their shine
Analysts at UBS expect growth in bank earnings per share to slump to 4.6 per cent this financial year, after growing by an estimated 8.3 per cent over the 12 months to June 30. Photo: Chris Pearce A cooling love affair with shares of the big four banks could free up $44 billion in investor capital, cash that will be looking for a new home over the ... (more)
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
Sydney Morning Herald
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.
Wed Aug 20, 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."
Tue Aug 19, 2014
China Fines Foreign Autos, Its OEMs Outperform In Q3
China slapped a record $200 million fine on 12 Japanese auto parts makers for anti-trust activities.
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.
Wall Street Journal
Brilliance China 1H Profit Rises
Brilliance China Automotive Holdings Ltd. said unaudited net profit rose 79% to 3.63 billion yuan in the first six months of the 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.