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The Latest Breaking News from CBA

Post-Christmas Boxing Day sales forecast to reach record $23.5 billion

Australian shoppers are expected to spend a record $23.5 billion during the Boxing Day sales period — an increase of 7.9 per cent on last year.

ABC News

Ask the Expert: How to calculate capital gains tax and minimise your payments

Making tax-deductible contributions to super is a great way of saving for retirement. Here's how to minimise your tax bill.

The New Daily

Lin Fined by Chinese Pro League for Quarantine Comments

The veteran guard has played in the Chinese Basketball Association for the last four years.

Sports Illustrated

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Dip in Australia’s inflation rate in October raises hopes price rises may have peaked

Headline CPI rate eases from 7.3% to 6.9%, lower than economists’ expectations, but fuel prices still rose as full excise rate returned

The Guardian - AU

Will house prices go up in 2023? The answer largely depends on interest rates

Australian house prices are forecast to rise in several states if economic conditions are favourable, according to a new report from SQM Research.

ABC News

Big mortgage savings are on offer for ideal borrowers. Here’s how to tell if that’s you

Consider yourself an ideal mortgage payer? If so, you might be able to escape the worst of the home loan squeeze.

The New Daily

The Jillaroos had to pay for their own tickets to get thumped in the first three World Cups. Now they fly business class to the final

The Jillaroos who went to the first Women's Rugby League World Cup in 2000 had to quit jobs, take out loans and raise money in raffles to pay for their own flights. But those struggles built the runway that sent the current side on a business class flight to this…

ABC News

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Michael Pascoe: Once more for the dummies – we need higher wages

Inflation is more than double the headline wages growth – wages are lagging, not leading, Michael Pascoe writes.

The New Daily

RBA signals it may pause further interest rate rises

Minutes of November Reserve Bank of Australia meeting say board is ‘prepared to keep rates unchanged’ while it assesses state of economy and inflation

The Guardian - AU

Major banks to pay $126 million after dodgy insurance sales to customers

Up to one million ANZ, Westpac and CBA customers will share in $126 million after being sold consumer credit insurance of little use.

The New Daily

Banks to pay $126m over dodgy insurance

A class action has been settled with three of Australia's big banks, with customers sold consumer protection insurance to share in $126 million.

AAP

RLPA doubles down, lashes NRL offer

The RLPA is standing by its decision to reject the Collective Bargaining Agreement proposed by the NRL as tensions between the two parties reach critical mass.

AAP

Pay talks explode as stars hit out at NRL

Some of the NRL's biggest names have hit out at head office as the pay war between the league and its players is further engulfed in drama.

AAP

Optus scammer pleads guilty to blackmail

A 19-year-old man has pleaded guilty to trying to scam Optus customers affected by the data breach, saying he was unemployed and needed money.

AAP

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The Guardian - AU

Rate rise expected on Melbourne Cup day likely to be followed by higher inflation outlook

Two of Australia’s biggest banks predict the Reserve Bank will revise the inflation rate to 8% – the highest since March 1990

AAP

Brigginshaw backs RLPA call on CBA

NRLW players, including the Jillaroos at the World Cup, have no contractual certainty for next year's competition and are calling on the NRL to codify a CBA.

The Independent UK

Dominic Raab’s comeback as Justice Secretary branded ‘concerning’ by opponents

Shadow justice secretary Steve Reed among those asking why Raab is back only two months after being sacked

AAP

CBA unit to pay $20m over excessive fees

Two stockbrokers, one owned by CBA, have been hit with penalties of over $27 million after "systematic" failures saw customers overcharged for almost a decade.

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news in one place.

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The New Daily

Mobile phone plans: Compare and switch

Many Australians are looking for ways to reduce their monthly household budgets. A cheaper mobile phone deal may be the answer.

The Guardian - AU

Fixed or variable? A look at how home loan rate options across Australia stack up

After crunching the numbers, it’s clear that mortgage holders shouldn’t just do nothing, says RateCity’s head of research

Evening Standard

Backlog of criminal cases in Crown Courts reaches record high after strike

The backlog of criminal cases in the Crown Courts of England and Wales reached a new record-high of more than 61,000 during the government’s stand-off with barristers over Legal Aid, it has been revealed.

AAP

CBA execs grilled on climate change at AGM

Commonwealth Bank's chairman has pledged to shareholders that it won't bank with companies that don't have a climate transition plan by 2025.

The Guardian - UK

Junior criminal barristers ‘despair’ over pay deal in England and Wales

Barristers ended strike after 57% accepted 15% rise but many juniors say they cannot afford to stay in profession

The Guardian - AU

Australia’s big four banks face shareholder ire over funding fossil fuels

Activist group Market Forces says continued funding of coal, oil and gas is incompatible with net zero commitments

The Independent UK

Barristers heading back to work after voting to end strike and accept pay deal

Justice Secretary Brandon Lewis said he is ‘glad that barristers have now agreed to return to work’ and described the development as a ‘breakthrough’.

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