Commonwealth Bank
- Opinion
- Elon Musk
Why some Australian investors will risk punting on Musk’s $2.5 trillion space vision
It’s off to the races for the Musk believers, who appreciate that no matter how many times his big promises have not been met, some of them have.
- Elizabeth Knight
Latest
Sydney couple fleeced bank of more than $40m, police allege
The married couple helped the Penthouse Syndicate build a luxury property empire across Sydney, detectives allege.
- Riley Walter
- Opinion
- Big four
The banks’ rivers of gold are facing another blow
On top of a weakening economy and an energy crisis, banking giants now face a softer market in their most important type of lending: mortgages.
- Clancy Yeates
- Updated
- World markets
CBA leads big bank slump on fears budget changes will hit home loans
Investors wiped close to $30 billon off the Commonwealth Bank’s market value on Wednesday amid concerns about housing credit growth and an earnings miss.
- Staff writers
CBA cuts more jobs, citing changing needs and ‘simplification’
The banking giant is cutting more than a hundred jobs two months after it launched a program to help workers adjust to the rise of AI.
- Clancy Yeates
Brisbane seals LA partnership and lands first 2032 Olympics sponsor
Brisbane’s Olympic momentum has stepped up a gear, locking in 2028 host Los Angeles as a sister city and landing the first major sponsor of the 2032 Games.
- Cameron Atfield
The Labor figures and government critics in early health board exit lounge
This week in our Queensland public sector column, Public Circus dives deeper into health board intrigue, checks in on the audit office, senior job swappers, and more.
- Matt Dennien and James Hall
- Opinion
- AI
This time is different. Why we must conquer AI before it conquers us
The new tech is both boom and doom. The sudden purge of jobs by Australia’s tech giants is scary, yes, but that’s precisely why we have to master it.
- Toby Walsh
The week AI came for Australian jobs
There’s no doubt the new tech will reshape workforces, the question is how the transition will be managed and who bears the cost.
- David Swan
- Updated
- World markets
ASX slips after Trump tariffs drama; banks and tech shares slide
The Australian sharemarket lost ground as investors digested the implications of the latest developments regarding US President Donald Trump’s trade war.
- Staff reporter