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Live: Commonwealth Bank reports $10.9b annual profit, ASX to slip as US-Iran optimism fades

business

ABC News reports that Australia's second-largest company, the Commonwealth Bank, has posted a ten point nine billion dollar annual profit. The Australian share market is expected to open lower as optimism about reopening the Strait of Hormuz fades.

Source: https://www.abc.net.au/news/2026-08-12/asx-markets-busine...

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