Original article by James Eyers, Jonathan Shapiro
The Australian Financial Review – Page: 1 & 18 : 9-Aug-18

The Commonwealth Bank has posted a 2017-18 cash profit of $9.23bn, which is 4.8 per cent lower than previously. The result was marred by a 9.2 per cent increase in operating expenses in the wake of the bank’s money-laundering scandal and the banking royal commission. CEO Matt Comyn says there will be "substantial progress" on addressing governance issues during 2018-19. Shareholders will receive a 2017-18 full-year dividend of $4.31 per share, which is $0.02 higher than previously.

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COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIA. ATTORNEY-GENERAL’S DEPT. AUSTRALIAN TRANSACTION REPORTS AND ANALYSIS CENTRE, AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY, CLIME ASSET MANAGEMENT PTY LTD, UBS HOLDINGS PTY LTD, PERENNIAL VALUE MANAGEMENT LIMITED, ALPHINITY INVESTMENT MANAGEMENT PTY LTD, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, MACQUARIE GROUP LIMITED – ASX MQG, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY