FEAR & GREED | Business News CBA surges as CSL tumbles; Taylor quits to challenge Ley; crockery maker’s AI boom
Feb 11, 2026
A major bank posts a blockbuster profit that sends its shares higher. A biotech giant faces steep writedowns and a sudden leadership exit. The government is probing potential changes to capital gains tax concessions. A frontbencher resigns and plans a leadership challenge. A crockery maker rides demand from AI-related glass and fiber deals.
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CBA Result Signals Resilient Consumer Demand
- Commonwealth Bank's strong half-year profit signals robust consumer spending and loan growth across segments.
- Sean Aylmer says compressed net interest margins show competition is tightening despite higher volumes.
CSL Write-Downs Trigger Leadership Shake-Up
- CSL's huge $1.6 billion write-downs across divisions exposed deep execution and regulatory issues.
- Sean Aylmer notes the result and write-downs precipitated CEO Paul McKenzie's immediate sacking.
Big Bank Gains Lift The Market Near Records
- The ASX 200 climbed as CBA's weight offset CSL's decline, pushing the index near record highs.
- Sean Aylmer highlights financials and miners led gains while healthcare lagged.