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Commonwealth Bank

Commonwealth Bank slapped with $3.55M fine for unlawful email practices

The Wire / By

The Commonwealth Bank of Australia recently learned a hard lesson about spam laws. It was hit with a penalty 3.55 million dollars for their unlawful email practices. This fine may look big on scale however for the profit braking bank this has not dented their wallet. The bank has reported over five and half billion dollars …

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Australia’s big four banks responsible for almost 9 billion tonnes of CO2

The Wire / By

An investor briefing has revealed ANZ, NAB, Westpac and Commonwealth Bank are undermining numerous commitments to lower the financing of fossil fuel projects. The briefing found corporate finance responsible for enabling the release of 8.9 billion tonnes of carbon dioxide and supplying up to 80 per cent of funds for new and upcoming coal projects …

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