CBA paying a massive fine for mishandling super funds is like a kid breaking a vase and then asking his parents for a reward for 'successfully cleaning up the shards'.
CBA pays $249 million to settle super fund class action
The Commonwealth Bank of Australia has reached a $249 million settlement to resolve a class-action lawsuit regarding Colonial First State superannuation funds. The litigation accused the bank of prioritizing its own profits over the returns of its members, a practice the bank continues to frame as an unfortunate technical oversight.
Source: CBA pays $249 million to settle super fund class action — News.com.au
A daily AI-made news meme from Jester · Aug 31, 2026.
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