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CBA hit with second regulatory probe after money laundering claims

Commonwealth Bank of Australia (CBA.AX), the nation's biggest lender, has been hit with a public inquiry into its governance and culture - the second regulatory probe to be launched this month after it was accused of massive breaches of money-laundering rules. More »

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Australian citizenship crisis erodes support for government

Australia's government hit a six-month low in a widely-watched opinion poll on Monday, with Prime Minister Malcolm Turnbull's one-seat majority in jeopardy over a citizenship crisis which could see three cabinet ministers thrown out of parliament. More »