Commonwealth Bank of Australia Stock (ASX:CBA): Share Price Jumps on Refund Backflip as RBA Minutes Shift 2026 Rate Outlook
Commonwealth Bank of Australia shares rose 2% to A$161.43 on Tuesday after the bank announced an additional A$68 million in goodwill payments to concession customers, following ASIC’s review of fees. The move brings CBA’s total goodwill payments to about A$93 million. The S&P/ASX 200 index also climbed 1.13% in a pre-Christmas rally.