What happens if the sharemarket is driven by dumb money? In our local sharemarket, the biggest puzzle of the year is Commonwealth Bank. The biggest bank in Australia is also the biggest stock in the ...

Investors have watched the seemingly unstoppable ascent of Commonwealth Bank of Australia (ASX: CBA) shares over the past 18 months or so with a likely mixture of pleasure, vindication, bewilderment, ...

The trial is part of Project Acacia, an initiative from the RBA exploring how digital money and tokenization could support financial markets in Australia. Australia’s central bank said on Thursday ...