competition watchdog

Financial institutions, including banks, could pool their resources to ensure cash access is maintained, Reserve Bank governor Michele Bullock has said. Speaking at a payments summit on Tuesday morning, Ms Bullock said the central bank was…

The head of Australia’s competition watchdog has pitched a major overhaul to merger laws, after years of concerns the current regime may not be fit for purpose. Australian Consumer and Consumption Commission chairwoman Gina Cass-Gottlieb…

Commonwealth Bank has reported a record half-year profit of $5.15bn as it faces political pressure along with other big banks over interest rates and regional branch closures.Australia’s biggest retail bank announced its financial results…

Commonwealth Bank has turned heads after announcing that it will boost the introductory rate on its popular NetBank Saver; however, experts warn there’s a major catch. CBA has boosted the rate by 0.25 per cent to reach 4.0 per cent, the…