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CBA signs start-up deal with Israel's chief scientist

2015-11-23 21:31:53| Automakers - Topix.net

Commonwealth Bank of Australia has signed an agreement with the chief scientist of Israel to arrange collaboration on technology and innovation with Israel's flourishing start-up scene. Avi Hasson, Israel's chief scientist since 2011, is in Sydney this week with a group of Israeli experts on start-ups, venture capital and government funding.

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NAB, CBA, join calls to help boost women's super through tax incentives

2015-11-11 02:42:21| Automakers - Topix.net

Commonwealth Bank of Australia wealth management group executive Annabel Spring says the lack of incentives for women is hurting them when they retire. Women should be able to grow their superannuation savings while they are on parental leave and get more generous tax incentives to help stem the problem of women retiring with significantly less than men, according to big-four bank submissions to a Senate inquiry.

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CBA and ANZ to cop the brunt of falling house prices, says Macquarie

2015-10-13 04:09:19| Automakers - Topix.net

The investment bank's economists believe home values are set for a 7.5 per cent decline from March next year . While the prediction will no doubt cheer first-home buyers, the resulting slowdown in housing credit is set to hit the nation's biggest lenders, in particular Commonwealth Bank of Australia and National Australia Bank, according to Macquarie.

Tags: house prices says falling

 

Talk of an Australian recession is overblown, says CBA economist Michael Workman

2015-09-21 02:56:34| Automakers - Topix.net

The probability of an Australian recession is estimated at only 10 per cent over the next year in the eyes of Commonwealth Bank of Australia economist Michael Workman. Even though no prominent economists have outright forecast a recession for the Australian economy, the collapse in commodity prices and slowing growth have prompted discussion around how bad conditions will become.

Tags: michael talk australian economist

 

CBA joins global banks in Bitcoin research

2015-09-16 15:51:32| Automakers - Topix.net

How will decentralised bitcoin technology help nine of the world's largest banks, including Australia's CBA, Barclays and JP Morgan, become more efficient? The Commonwealth Bank of Australia will work with some of the world's biggest banks to turn the technology behind digital currencies often used by criminals and computer hackers into a safe way to transfer money around the world and potentially replace the cumbersome international money transfer system. The banks plan to design "distributed ledger" technology based on the "blockchain" that facilitates bitcoin transactions.

Tags: research global banks joins

 

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