CBAUF
OTC · Financial Services
Commonwealth Bank of Australia
$111.08
-14.52 (-11.56%)
CBAUF News30 articles
Super-for-Housing Debate Weighs on Australian Bank Stocks
Australian bank shares declined as the superannuation-for-housing debate resurfaced, with the big four banks falling 0.7%-1.8%. No formal policy has been adopted.
CBA Advances RBA Rate Hike Call to September 29
CBA brings its RBA rate hike forecast forward to September 29, aligning with Westpac and market pricing. Shares close at A$152.43, 17.6% above the consensus target.
Australia's Diesel Price Surge: Supply Is Secure, but Costs Bite
Australia's diesel supply is secure with 32 days of stock, but record prices are fueling inflation and an expected RBA rate hike. ASX 200 fell 1% as energy costs hit miners.
Australia's $140B Family Support Figure Excludes Home Deposits
Australia's A$140B family support figure measures everyday purchases, not home deposits. Separate data shows 30% of homeowners got family help, but mortgage demand is slowing.
ASX 200 Hits Three-Month Low as Miners, Banks Weigh
Australia's S&P/ASX 200 dropped 0.9% to 8,672.5, its lowest close since June, as losses in miners, banks, and energy shares outweighed gains in tech and healthcare.
Australian Home Prices Slide 3.1%: Banks Face Growth Squeeze, Not Credit Crunch
Australian home prices fell 3.1% in three months to August, pressuring CBA and peers with slower mortgage growth, but arrears remain low. RBA decision due Sept 29.
Australian Bond Yields Surge Past 5.2% as Market Signals Conflict
Australia's 10-year government bond yield jumped above 5.2% on September 7, driven by global inflation concerns and term premium, while market pricing for an RBA hike remains partial.
Australian Housing Downturn Broadens, Banking System Remains Stable
Australia's housing correction has spread to 93% of capital-city suburbs, yet major banks remain stable. CBA forecasts a 9% peak-to-trough decline.
CBA Shares Slide 8.8% Despite Record Profit as Valuation Premium Persists
Commonwealth Bank shares tumbled 8.8% over the past week even after posting a record annual profit, as its rich valuation and rising credit concerns weigh on investor sentiment.
CBA's Record A$10.98B Profit Clouded by 47% Surge in Bad-Debt Charges
Commonwealth Bank of Australia (CBA.AX) reported a record A$10.98 billion cash profit, yet second-half credit impairment charges surged 47% to A$469 million, raising investor concerns.
RBA Holds Cash Rate at 4.35%, Cuts Inflation Forecast, Sees Higher Jobless Rate
The RBA left the cash rate at 4.35% unanimously, lowered December inflation forecast to 3.3%, and lifted unemployment outlook to 4.5%.
CBA Shares Rise as Competitors Outperform in Rate-Driven Rally
CBA shares rose 1.0% on Friday, trailing rivals Westpac, NAB, and ANZ which averaged a 1.41% gain as investors sought cheaper income plays.
CBA Outpaces Banking Peers Amid Spending Slowdown and Valuation Concerns
Commonwealth Bank shares extended gains over peers last week, rising 1.73%, even as its premium valuation and slowing household spending raise questions.
CBA Shares Surge A$5.2 Billion, Widening Lead Over Banking Peers
CBA shares rose 1.84% to A$173.13, adding A$5.23 billion in market value and accounting for 68% of the Big Four's daily gains, further extending its valuation lead.
CBA's A$92 Billion Premium Faces Test as August Results Loom
Commonwealth Bank of Australia (ASX:CBA) enters Thursday with a A$92 billion market value premium versus major rivals, as investors await August 12 results to justify the stock's steep valuation.
CBA Recovers 91% of May Losses, Yet Valuation Concerns Loom
CBA has clawed back 91.2% of its May 13 losses, recovering A$27.3 billion in market cap. Yet, its elevated P/E ratio and housing market risks persist.
Australian Mortgage Rates Persist as Spending Debate Intensifies
Australian and US mortgage rates stay elevated as RBA warns of possible hikes. Brokers cite discretionary spending as key issue for home buyers.
ASX 200 sinks 1.4% as Middle East strife fuels oil surge, banks and tech slide
Australian shares fell sharply Thursday, with the S&P/ASX 200 down 1.4% to 8,592.90 as renewed fighting near the Strait of Hormuz drove oil prices higher. Banks, miners, and tech stocks each lost over 2%, while gold miners dropped 7.1%.
ASX 200 Dips on Bank Weakness, Budget Jitters; Miners Rally on Copper Surge
The S&P/ASX 200 fell 0.36% on Tuesday, dragged lower by banks and tech stocks ahead of the federal budget. Miners rallied as copper hit a record high, with BHP gaining 2.5%.
ASX 200 Extends Losing Streak as Inflation Surprises
The ASX 200 fell 0.27% to 8,687, its seventh consecutive decline, after inflation accelerated to 4.6% in March, raising the odds of an RBA rate hike.
ASX 200 Flat as Rio Tinto Gains Offset Energy Slide, Focus on US-Iran Talks
Australian shares ended Tuesday's session essentially flat, with the benchmark index dipping just 3.9 points. Gains in mining giant Rio Tinto were countered by a selloff in the energy sector, while investors awaited developments in US-Iran negotiations.
ASX 200 Plunges on Oil Spike, RBA Rate Hike Bets Surge
The S&P/ASX 200 dropped 1.3% to 8,629.00 as surging oil prices above $100 a barrel fueled expectations of another Reserve Bank rate hike. Market pricing now implies a 75% probability of an increase next week.
CBA Shares Drop as Strong GDP Data Fuels RBA Rate Hike Concerns
Commonwealth Bank of Australia shares declined 1.6% Wednesday, dragged lower by financial stocks as stronger-than-expected economic growth intensified speculation of an imminent Reserve Bank rate hike.
Westpac Steady at A$41.80 Amid RBA Rate Hike Jitters and GDP Wait
Westpac Banking Corporation shares closed unchanged at A$41.80 following a volatile session for Australian banks. The market steadied after Reserve Bank Governor Michele Bullock signaled a potential interest rate increase at the March meeting.
Westpac Steady at A$41.80 as RBA Hints at March Rate Hike, GDP Data Awaited
Westpac Banking Corporation shares closed unchanged at A$41.80 following RBA commentary that raised the risk of an interest rate increase in March. Market focus now shifts to upcoming GDP figures.
CBA Gains Defy ASX Rout as Rate Hike Speculation Intensifies
Commonwealth Bank of Australia shares advanced against a falling market as traders reassessed interest rate expectations. Focus now shifts to key economic data and the upcoming Reserve Bank policy decision.
CBA Defies ASX Downturn Amid Renewed RBA Rate Speculation
Commonwealth Bank shares gained ground Tuesday, contrasting with a broader market decline, as traders evaluated shifting interest rate expectations and energy price pressures.
ANZ Leads Banking Rally Ahead of Key Inflation Data
ANZ Group Holdings Ltd closed at A$40.70, gaining 1.6% and outperforming a flat broader market. Investor focus now shifts to upcoming inflation data for clues on the interest rate trajectory.
CBA Shares Climb as Rate Outlook Firms, Dividend Nears
Commonwealth Bank of Australia advanced 0.8% to close at A$179.67 on Friday, buoyed by sector strength and a firming outlook for interest rates. Investors await the bank's interim dividend payment on March 30.
CBA Shares Recover Post-Dividend as Labor Data Fuels RBA Speculation
Commonwealth Bank of Australia shares gained 0.7% to A$178.19, recovering after trading ex-dividend. The move came as Australia's unemployment rate held at 4.1% in January, maintaining scrutiny on the Reserve Bank's interest rate path.