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Sustainability
$1.8b green sustainability-linked loan will keep Sydney’s trademark Waratahs on sustainability track
A $1.8 billion green and sustainability-linked loan to fund Sydney’s largest electric passenger train fleet represents a significant advancement in the financing of operating public private partnerships.
‘Unintended consequences’: Banks warn of rising costs if forced to fund coal
Coalition MP George Christensen asked if banks would benefit from legislation that would force them to finance thermal coal producers. Their resounding response was no.
- by Charlotte Grieve
Bank bosses welcome revamped business loan scheme
The big four banks have given the thumbs up to the government’s scheme offering cheap loans to small and medium-sized businesses.
- by Charlotte Grieve
Lendi chief says autonomy crucial to its success after signing CBA deal
Digital mortgage provider Lendi says it can manage its ties with other banks and will keep its brand name after signing a deal with the Commonwealth Bank.
- by Charlotte Grieve
Major banks cut fixed home loans but leave variable rates unchanged
Westpac, CBA, NAB and ANZ have not passed on the RBA's record low cash rate cut to most of their customers, but have offered historic low rates on fixed-term loans.
- by Charlotte Grieve
CBA chief says no bank wants to facilitate 'heinous crimes'
The big banks' approach to anti-money laundering laws has once again come under the spotlight.
- by Charlotte Grieve
CBA customer remediation bill blows out to $800m
The CBA's bill to pay back customers who received poor financial advice has now reached $834 million.
- by Charlotte Grieve
'This government doesn’t want whistleblowers': Jeff Morris gives scathing review of protection laws
The man exposed the misconduct rife in the CBA's financial arm in 2008, has called on the federal government to form a whistleblower protection agencyÂ
- by Sarah Keoghan