Commonwealth Bank will pay refunds to 216,000 customers for failing to honour discounts on mortgage interest rates and fees that it had promised, a mistake that means borrowers were overcharged.
- AGL AGL ENERGY LIMITED. -0.68%
- AIO ASCIANO LIMITED -0.85%
- AMC AMCOR LIMITED -0.36%
- AMP AMP LIMITED -0.70%
- ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED -0.94%
- APA APA GROUP 0.16%
- ASX ASX LIMITED -0.93%
- AZJ AURIZON HOLDINGS LIMITED 0.27%
- BHP BHP BILLITON LIMITED 0.18%
- BXB BRAMBLES LIMITED -1.63%
- CBA COMMONWEALTH BANK OF AUSTRALIA. -0.55%
- CCL COCA-COLA AMATIL LIMITED -0.64%
- CPU COMPUTERSHARE LIMITED. -0.93%
- CSL CSL LIMITED -0.51%
- CTX CALTEX AUSTRALIA LIMITED 1.11%
- CWN CROWN RESORTS LIMITED -2.31%
- DXS DEXUS PROPERTY GROUP -1.22%
- GMG GOODMAN GROUP -1.29%
- GPT GPT GROUP -0.32%
- IAG INSURANCE AUSTRALIA GROUP LIMITED -1.24%
- IPL INCITEC PIVOT LIMITED 0.26%
- JHX JAMES HARDIE INDUSTRIES PLC -0.84%
- LLC LEND LEASE GROUP -0.59%
- MGR MIRVAC GROUP -1.04%
- MPL MEDIBANK PRIVATE LIMITED -0.65%
- MQG MACQUARIE GROUP LIMITED -0.57%
- NAB NATIONAL AUSTRALIA BANK LIMITED -0.64%
- NCM NEWCREST MINING LIMITED 1.73%
- ORG ORIGIN ENERGY LIMITED 0.92%
- ORI ORICA LIMITED -3.54%
- OSH OIL SEARCH LIMITED -2.22%
- QBE QBE INSURANCE GROUP LIMITED -0.79%
- RHC RAMSAY HEALTH CARE LIMITED -0.72%
- RIO RIO TINTO LIMITED -0.17%
- S32 SOUTH32 LIMITED -0.25%
- SCG SCENTRE GROUP -1.22%
- SEK SEEK LIMITED -0.49%
- SGP STOCKLAND -0.75%
- SHL SONIC HEALTHCARE LIMITED -0.40%
- STO SANTOS LIMITED 0.74%
- SUN SUNCORP GROUP LIMITED -0.74%
- SYD SYDNEY AIRPORT 1.27%
- TCL TRANSURBAN GROUP 0.00%
- TLS TELSTRA CORPORATION LIMITED. -1.02%
- VCX VICINITY CENTRES -1.06%
- WBC WESTPAC BANKING CORPORATION -0.19%
- WES WESFARMERS LIMITED -1.56%
- WFD WESTFIELD CORPORATION -1.61%
- WOW WOOLWORTHS LIMITED -2.20%
- WPL WOODSIDE PETROLEUM LIMITED 0.49%
ASX is trading lower after an early resources rally falls flat, with banks and Woolies leading losses.
Reserve Bank governor Glenn Stevens has signalled that interest rates will stay on hold at next Tuesday's meeting saying the case for leaving them steady was one he "happened to agree with".
The value of construction activity again shrunk in the third quarter, as investment in housing and office buildings failed to pick up the slack left by the decline in resources-related engineering works.
With $10.2 billion in hand from the sale of its first tranche of electricity distribution assets, the NSW government is set to reap more than $20 billion from the sale of all three assets on the market.
Gerry Harvey says Harvey Norman's willingness to offer work to some of the 12,000 Syrian refugees heading to Australia isn't just the right thing to do; it will also pay off.
Europe's defence industry is set to reap a massive windfall as the terror attacks on Paris prompt governments to ramp up spending.
|United States Dollar|
Amazon's Jeff Bezos achieved two technological milestones in barely 24 hours. One of them was sending a rocket to the edge of space. Not everyone is impressed.
It's one of the best cities in the world for young people - but there's one thing making them anxious.
These are six mega trends that will impact your investment returns over the next 12 months.
The German financial services giant has vowed to offload significant coal holdings within six months.
The current commodities rout has slammed nickel, Australia's ninth-largest commodity export, as prices have fallen by half since April
Chile is facing one its most important decisions in decades: invest billions to overhaul antiquated smelters or close them down and ship more unrefined material to Asia or Europe.
US stocks erased earlier losses as energy shares rallied for their first back-to-back gains in three weeks.
Young people in Sydney are twice as likely as youth in other global cities to say their age made it hard to find work, according to new international research into the attitudes and economic prospects of 18 to 25-year olds.
Big business has welcomed the Turnbull government's decision to delay changes to misuse of market power provisions.
Billabong has crushed shareholder hopes for an earnings rebound this year, warning that sales and margins have come under pressure.
You ever wonder why a lot of goods you order online come in from China? They often arrive more cheaply than it costs to send goods around Australia, online retailers have learnt.
Standard & Poor's says banks are sound but warned risks could build in the system as banks strive to maintain high shareholder returns.
The can't-be-bothered attitude could potentially cost Australian mortgage holders $9.9 billion, new research shows.
Oil jumped after Turkey shot down a Russian warplane near the border with Syria, fanning concern that conflict in the region may intensify.
Copper and nickel led an industrial-metals rebound on speculation that the slump encouraged some traders to close out bearish bets.
Alibaba's founder Jack Ma is in talks to buy a stake in the publisher of Hong Kong's South China Morning Post.
HSBC Holdings is eliminating 2000 jobs in its commercial bank as part of a plan to cut costs, according to a person briefed on the matter.
Chinese borrowers are taking on record amounts of debt to pay interest on their existing debt, prompting the rise of zombie companies.
Any further slowdown in Chinese growth would be bad news for the likes of Australia and Brazil.
OpenCorp's unusual approach to the notoriously capital-intensive development cycle involves tapping funds from a pool of 415 retail investors, many of whom are family or friends.
Internet giant Google has emerged as the front runner to lease up the new space at Brookfield Property Partners' Wynyard Place at 10 Carrington Street in the heart of Sydney.
Strata office prices in a Flinders Lane building have doubled in two years as buyers snap up property in Melbourne's CBD.
Solar panels are landing on rooftops just as the Hills Hoist invaded backyards. If you're not solar-powered, you're not with it.
Retirees keen to help their children into the property market and keep the age pension are increasingly looking at granny flat arrangements.
CBA to pay customers $80m in refunds
Thousands of CBA customers will receive refunds due to the bank's failure to give discounts on mortgages and fees.