CBA $5b profit; ASX hits new record; feds get busy on home lending, REX

Thursday 13 February 2025 Commonwealth Bank announced a bumper profit and dividend.  And more, including: The local share market closes at an all-time high.  And plenty going on in Canberra, from help for first home buyers to a promise to save REX airline.  Plus the illegal trade in tobacco gets some help from the government, and Italy cracks down on the mafia. And don’t miss the latest episode of How Do They Afford That? - how to choose the right roboadviser. Get the episode from APPLE, SPOTIFY, or anywhere you listen to podcasts.Find out more: https://fearandgreed.com.auSee omnystudio.com/listener for privacy information.