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The Latest Breaking News from CBA

Aussie shares up as traders shrug off inflation report

The ASX has closed 0.2 per cent higher, climbing for a second day despite a consumer price index report showing inflation creeping up in the US.

AAP

CBA restores service, apologises after overnight outage

Commonwealth Bank has apologised after an outage overnight locked customers out from their accounts.

AAP

Interest rate rise unlikely after sluggish quarter of GDP growth, Australian economists say

Spending on Taylor Swift concerts defies pattern of consumers tightening their belts, with CBA predicting a September rate cut

The Guardian - AU

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Bankwest branches to close in WA

Bankwest is set to close all 60 of its branches across Western Australia by October.

AAP

Years of delays to rape trials a ‘significant injustice’, says judge

More than 180 alleged rape victims have faced more than two years of delays since case first went to court

The Guardian - UK

MLS Prepared for Lockout Amid Referee Strike, Says Commissioner Don Garber

This is the second time in the last 10 years that PRO, funded by MLS, has locked out the PSRA referees during CBA negotiations.

Latin Times

Call for action on gender equity as pay gaps exposed

Australian employers are under pressure to close their gender pay gaps and could face hurdles getting contracts with government if they don't change.

AAP

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Bargaining in Blue: New Tacoma CBA prohibits law enforcement officers from receiving compensation during certain misconduct investigations

Bargaining in Blue, a monthly newsletter from Ballotpedia, provides news and information on police collective bargaining agreements (CBAs), including the latest news, policy debates, and insights from Ballotpedia’s analysis of police CBAs in all 50 states and the top 100 cities by population.

Ballotpedia

Rockets pay respects to late Robert Reid, who passed away Monday

Robert Reid, who played a key role on Houston’s first two NBA Finals teams in 1981 and 1986, passed away at 68 years old after a battle with cancer.

USA Today Sports Media Group

Wage theft isn’t complex. Just ask the Commonwealth Bank

Reckon wage theft is because awards are too complex? Not at the Commonwealth Bank, which just copped a record fine for underpaying its staff.

Crikey

Will Jaylen Brown be a casualty of the Boston Celtics’ future cap crunch?

At least some prominent NBA analysts have begun exploring the idea, and rival executives with them.

USA Today Sports Media Group

Australia’s economy likely to slow until stage-three tax cuts, lower interest rates and easing inflation kick in, CBA says

Spending tipped to moderate until households start getting some relief in the middle of the year, CommBank chief economist says

The Guardian - AU

Commonwealth Bank reports $5.02 billion H1 profit

Australia's biggest bank made $5 billion in profit in the first half, down three per cent from a year ago, but has raised its dividend.

AAP

You don’t need to be a ship-jumping polls guru to work out Rish!’s numbers are dire

It seems Simple Simon Clarke wasn’t entirely alone in his failed rebellion – enter previously unknown Will Dry

The Guardian - UK

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Ballotpedia

Bargaining in Blue: Austin Police Department sued over inaction on police oversight and records accessibility ballot measure

Evening Standard

Who is Will Dry? Former Rishi Sunak advisor now working against old boss

Will Dry has turned on his former boss, predicting the Conservatives are on track for the 'most almighty of defeats' in the next election

The Guardian - AU

Stage-three tax cut changes will have minimal effect on inflation, economists predict

Banks say tax tweaks approved by Anthony Albanese’s cabinet may slow pace of RBA interest rate cuts and further reforms are needed to fill budget shortfalls

The Guardian - US

Stadium first, affordable housing later? US developers dangle homes as perk of big construction deals

Communities bargain for shelter and investment in return for giant real estate projects. But what happens when the deal is done and developers stall?

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USA Today Sports Media Group

Celtics team president Brad Stevens hints Boston is potentially looking to add a big wing

The head of basketball ops noted that Boston's situation will make such a search hard, however.

Ballotpedia

Bargaining in Blue: Boston expands educational incentive plan in new police collective bargaining agreement

The Guardian - AU

Stronger than expected budget position to fuel calls for cost of living relief, economists say

Majority of additional revenue disclosed in midyear budget update likely to be banked to avoid further stoking inflation

The Guardian - AU

Australia’s economy 2023 report: how it started v how it’s going

Stronger than expected population growth made inflation hardier than most experts predicted and property prices defied successive rate rises

The Street

NBA player contracts are skyrocketing — here's how high they can go

The NBA's looming media rights deal could trigger another massive increase in contracts. But by how much?

USA Today Sports Media Group

On this day: Boston guards Dee Brown, Jerry Sichting, Charles Smith born

A trio of Celtic guards were born today -- Dee Brown, Jerry Sichting, and Charles Smith.

The Guardian - AU

Geelong get it done early to pass toughest AFLW assignment yet

The Cats took inspiration from Brisbane and North Melbourne to come up with a blueprint to beat Melbourne and reach their first preliminary final

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