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Commonwealth Bank of Australia (CBA.AX)

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100.34-0.51 (-0.51%)
At close: 04:10PM AEST
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  • Australian Associated Press

    CBA predicts $3 trillion cost for net zero

    Commonwealth Bank says Australia is well positioned to capture the many opportunities of transitioning to a net zero emissions economy but this will require investment of up to $3 trillion by 2050.The country's biggest lender on Wednesday released its latest Climate Report for 2022 outlining its progress in financed emissions targets for four priority sectors consistent with limiting global warming to 1.

  • Bloomberg

    Australia’s Commonwealth Bank Posts 11% Jump in Annual Profit, Topping Estimates

    (Bloomberg) -- Commonwealth Bank of Australia, the country’s largest lender, posted an 11% jump in profit but warned that steeper borrowing costs and inflation were hitting consumer demand.Most Read from BloombergMusk Sells $6.9 Billion of Tesla to Avoid Twitter Fire SaleUK Plans for Blackouts in January in Emergency Energy PlanRussia Is Scouring the Globe for Weapons to Use Against UkraineTrump Under Intense Legal Scrutiny After FBI Searches Mar-a-LagoTrump Search Was Unprecedented, But Records

  • Australian Associated Press

    CBA cautious despite annual profit jump

    Australia's biggest lender remains positive about the medium-term outlook after posting a robust increase in full-year profit and lifting dividends.However, the Commonwealth Bank warns the rapid increase in interest rates is beginning to lead to heightened uncertainty.