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CommBank (CBA)

ACCC approves Armaguard bailout by major banks, grocery giants and Australia Post

by Anas Siddiqui
ACCC approves Armaguard bailout by major banks, grocery giants and Australia Post

The Australian Competition and Consumer Commission (ACCC) has provided interim authorisation for a $50 million bailout of transporter Armaguard from the country’s biggest banks and retailers. The ACCC approved the …

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CommBank blamed as QLD business Street Feast sparks uproar by going cashless before backflip

by David Johnson
CommBank blamed as QLD business Street Feast sparks uproar by going cashless before backflip

A Queensland small business has accused its bank of making it “actively difficult” to deal in cash, after facing an “unacceptable” situation where coin deposit machines were down at multiple …

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Commonwealth Bank customer’s scary online banking experience

by Edgar Davis
Commonwealth Bank customer’s scary online banking experience

A Commonwealth Bank customer has warned others about cybersecurity after what they say could have been an attempted hack. The customer tried to log in to their account on Monday …

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Why Kununurra Coles in WA has temporarily stopped offering customers cash

by Vera Ward
Why Kununurra Coles in WA has temporarily stopped offering customers cash

The regional banking crisis is having unexpected consequences, with a Coles in Western Australia now having to pause cash-out in its store due to excessive demand. The Coles in Kununurra …

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Commonwealth Bank reports $5.02 billion profit amid branch closures, job losses

by Anas Siddiqui
Commonwealth Bank reports .02 billion profit amid branch closures, job losses

Australia’s biggest bank made $5.02 billion in cash profit after tax in the six months to December 31, down 3 per cent from the same period a year ago. Commonwealth …

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Commonwealth Bank flags major change to policy at branches across Australia

by Anas Siddiqui
Commonwealth Bank flags major change to policy at branches across Australia

Australians may have noticed a slight change in policy when visiting their local Commonwealth Bank branch. This year, the bank changed its policy to only allow CommBank customers to exchange …

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Commonwealth Bank to cut almost 200 jobs across Sydney, Melbourne and Perth

by Anas Siddiqui
Commonwealth Bank to cut almost 200 jobs across Sydney, Melbourne and Perth

Commonwealth Bank is cutting almost 200 jobs across three Australian capital cities, blaming a downturn in retail banking, a union representing workers said. The Financial Sector Union said, following talks …

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CommBank customers now get ‘More’ for their money

by Edgar Davis
CommBank customers now get ‘More’ for their money

Being a big bank customer usually comes with some pretty sweet perks. And now CommBank customers who also sign up for Telstra-powered-telco More will score three months free on its …

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Cash no longer available over the counter at some Commonwealth Bank branches in Sydney, Melbourne and Brisbane

by Anas Siddiqui
Cash no longer available over the counter at some Commonwealth Bank branches in Sydney, Melbourne and Brisbane

Cash is no longer available over the counter at a number of Commonwealth Bank locations across the country, where new Specialist Centres are now focussed on “more complex banking needs”. …

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Cash no longer available over the counter at some Commonwealth Bank branches in Sydney, Melbourne and Brisbane

by Anas Siddiqui
Cash no longer available over the counter at some Commonwealth Bank branches in Sydney, Melbourne and Brisbane

Cash is no longer available over the counter at a number of Commonwealth Bank locations across the country, where new Specialist Centres are now focussed on “more complex banking needs”. …

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