Business

Adele Ferguson

Adele Ferguson comments on companies, markets and the economy.

Last Thursday, AUSTRAC launched civil proceedings against CBA for allegedly failing to report 53,700 suspicious ...

CBA's breathtaking tactics bring on class action

It is being pitched as the biggest shareholder class action in the country. Commonwealth Bank on one side, and Maurice Blackburn bankrolled by IMF on the other side. Why did CBA's board wait to inform shareholders about the Austrac investigation until the genie was out of the bottle?

Aveo Group chief executive  Geoff Grady told investors he would simplify its newer Aveo Way and Freedom contracts.

Aveo may be taking a big punt too early

With regulators and various state and federal governments breathing down the collective neck of the retirement village industry, it was little surprise that Aveo was in damage control when it released another record profit.

CBA achieved stunning financial success under Ian Narev.

Why CBA's Ian Narev had to 'retire'

The big bet doing the rounds is whether Ian Narev will last in the top job at Commonwealth Bank until June 30. The odds are that he – and a number of others – will be gone well before then.

CBA achieved stunning financial success under Ian Narev.

Commonwealth Bank's Jekyll and Hyde routine

Under normal circumstances Commonwealth Bank boss Ian Narev would be confidently basking in the bank’s glory of a record profit result, but its latest was marred by another scandal.

Ian Narev, CEO of CBA, will face tough questions at the company's result.

Growing calls for a bank royal commission

When Ian Narev presents the Commonwealth Bank's full-year financial results next Wednesday he will need to be careful answering questions about serious allegations it breached money-laundering and terrorism finance laws.