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Commonwealth Bank

August 2024

  • Matt Comyn speaking from a table with a microphone

    Commonwealth Bank CEO labels Greens’ tax policy ‘insidious populism’ after firm’s $9.8bn profit

  • Commonwealth Bank logo on a wall

    Banks including CBA criticised for cutting term deposit rates but not mortgage rates

  • Residential housing in Hobart, Tasmania, Australia

    Australians’ mortgage payments hit high not seen since before GFC, data shows

  • A view of a Commonwealth Bank building facade

    Commonwealth Bank to stop financing fossil fuel companies that don’t comply with Paris climate goals

  • Commonwealth Bank records $9.8bn cash profit amid rising mortgage stress

  • Commonwealth Bank still predicts interest rate cut in 2024 as RBA defends keeping cash rate on hold

July 2024

  • A checkout terminal hit by IT issues is seen at a Coles store in Canberra

    Microsoft IT outage: Australian airlines, banks and supermarkets begin return to normal operations

    IT support staff need to implement the fix in person, one computer at a time, experts have said

April 2024

  • Taylor Swift performing at the Melbourne Cricket Ground

    Australians’ spending softened in March after Taylor Swift concert splurge

    The economy is limping into 2024 after per capita activity shrank for the final three-quarters of last year

February 2024

  • A pedestrian outside a Commonwealth Bank branch

    Commonwealth Bank posts $5bn half-yearly cash profit after ‘deliberate’ shrinking of home loan book

    Latest financial results show bank now targeting savers over mortgage holders, amid concerns over weakening competition among major lenders

August 2023

  • Cash

    Australian lenders withdraw cashback offers as competition slackens

  • 230810 CBA Profits thumbnail

    Commonwealth Bank reveals the secret to its success

  • Health minister Mark Butler announced earlier this week that negotiations for the next community pharmacy agreement would begin a year earlier than planned.

    Australian politics live with Amy Remeikis
    Greens back Labor after Liberal threat – as it happened

  • Commonwealth Bank logo on its offices

    Commonwealth Bank posts record $10bn profit amid rising stress for borrowers

July 2023

  • for sale sign on home

    Young renters reducing spending amid cost of living crisis more than any other group: CBA boss

  • A general view of a Commonwealth Bank branch in Melbourne

    Union challenges Commonwealth Bank rule that employees must spend half their hours a month in office

June 2023

  • Commonwealth Bank app on mobile phone screen

    Major Commonwealth Bank outage prevents some customers from accessing accounts

  • Exterior of a Commonwealth Bank branch

    Commonwealth Bank fined a record $3.55m for breaching spam laws with millions of emails

May 2023

  • The modest spend by younger Australians is below the rate of inflation which is running at an annual rate of 7%.

    Young Australians cut non-essential items as over-35s keep spending, analysis finds

    Expenditure by older cohort increased by almost double that of under-35s, while travel outlay grew 39% for all ages
  • People use Commonwealth Bank ATMs in Sydney.

    Commonwealth Bank says customers are feeling strain as it posts quarterly profit of $2.6bn

    Australia’s biggest lender benefits from higher rates but warns that borrowers are under pressure from rising mortgage and living costs
  • A composite image of signage of Australia's 'big four' banks ANZ, Westpac, the Commonwealth Bank (CBA) and the National Australia Bank (NAB) signage in Sydney, Saturday, May 5, 2018. (AAP Image/Joel Carrett) NO ARCHIVING

    Australia’s big four banks may be at peak profitability but fat margins aren’t over, analysts say

    Forecast to post a combined $16.2bn six-month profit, the big four are facing a looming plateau – but analysts expect strong earnings to continue
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