Commonwealth

With republicans at the gates, Charles III meets realm envoys

KING Charles III hosted his first reception on Sunday for representatives of the Commonwealth realms, the 14 former colonies over which he reigns in addition to Britain – at least for now. 

The Sydney-based bank warned of a challenging outlook as the twin economic pressures worsened the cost-of-living burden when it reported full-year earnings on Wednesday .

Australia's Commonwealth Bank posts 11% jump in annual profit, topping

COMMONWEALTH Bank of Australia, the country's largest lender, posted an 11 per cent jump in profit but warned that steeper borrowing costs and inflation were hitting consumer demand.

Will Queen Elizabeth, who is marking 70 years on the throne, choose to abdicate in the years ahead?

Commonwealth’s future in spotlight with Queen’s Jubilee 

QUEEN Elizabeth celebrates 70 years on the throne this week, in her Platinum Jubilee, which is shining a spotlight on the uncertain future of not just the monarchy, but also the United Kingdom and the...

Commonwealth targets climate change with regeneration projects

Commonwealth targets climate change with regeneration projects

[LONDON] The Commonwealth on Friday launched an ideas-sharing network to tackle the effects of climate change through replicable regeneration projects.

Queen Elizabeth II hopes for reinvigoration of the Commonwealth

Queen Elizabeth II hopes for reinvigoration of the Commonwealth

She wishes Prince Charles will carry on the work her father began in 1949

UK's May looks to Commonwealth as new source of trade

UK's May looks to Commonwealth as new source of trade

BRITISH Prime Minister Theresa May on Monday extolled the benefits of free trade among Commonwealth countries, seeking new sources of commerce as Britain looks to finalise divorce terms with its curre...

Australia's big banks rally on 'benign' capital requirements

Australia's big banks rally on 'benign' capital requirements

The rules are part of regulatory efforts to ensure the country's large lenders can weather any downturn

Moody's cuts ratings on Australia's banks on housing concern

Moody's cuts ratings on Australia's banks on housing concern

[SYDNEY] Moody's Investors Service cut the long-term credit rating of Australia's four biggest banks, saying surging home prices, rising household debt and sluggish wage growth pose a threat to the le...

Three Aussie lenders launch fresh attack on new levy on big banks

Three Aussie lenders launch fresh attack on new levy on big banks

CBA, Westpac and NAB estimate nearly A$750m in additional annual costs between them

Australia's Big Four banks look to cut costs as challenges rise

Australia's Big Four banks look to cut costs as challenges rise

[SYDNEY] Australia's 'Big Four' banks say they are working hard to cut costs to maintain earnings momentum as they combat rising challenges from regulatory action, a fresh government inquiry and a pos...