ASX:CBABanks
What Commonwealth Bank of Australia (ASX:CBA)'s Rate Moves and Apple Pay Push Mean For Shareholders
In recent weeks, Commonwealth Bank of Australia has lifted term deposit and fixed home loan rates ahead of an anticipated Reserve Bank cash rate move, while also pressing Parliament for fairer access to Apple’s iPhone NFC payment infrastructure.
This combination of pricing changes and policy advocacy highlights how CBA is positioning itself at the intersection of monetary policy shifts and competition in digital payments.
With these rate moves and regulatory push on Apple Pay in focus,...