Search results for Business

Business

Australian manufacturers and distributors set to expand production, looking past headwinds

Industry expects production output and financial performance to lift in 2024 while labour shortages and competitive pressures weigh on productivity...
17 May 2024
Business

CBA enhances small business Sustainability Tool with Aussie-owned businesses

CBA is working with BioPak and EnergyFlex to help more small businesses achieve their sustainability goals.
17 May 2024
Business

Queensland banks on CBA

Commonwealth Bank partners with Queensland Government to deliver Whole of Government banking and payment services, building on a 30-year partnership.
7 May 2024
Agribusiness

CBA enters new strategic partnership to support the future of Australian farming

Commonwealth Bank deepens relationship with leading emissions ag tech platform, Ruminati, to support producers as they adapt their farming business...
6 May 2024
Business

Patient cost-cutting brings technology and healthcare payments into greater focus

New CommBank Health research reveals affordability concerns among patients are putting the spotlight on digital solutions, with opportunities for p...
2 May 2024
Business

Commonwealth Bank grows Indigenous Business Banking team

Commonwealth Bank continues to expand its Indigenous Business Banking team with the appointment of an Executive Manager, Indigenous Business Products.
16 April 2024
Business

Australian dentists respond to impact of cost of living pressures

Dental practices to offset the expected impact of cost-of-living pressures on the demand for dental services by optimising operations, new CommBank...
3 April 2024
Agribusiness

Sustaining families and farms: Succession planning in the spotlight

A significant increase in Australian agricultural land values highlights the importance for agribusiness owners to start planning for the next gene...
22 March 2024
Media release

CommBank and Smartgroup collaborate for smarter benefits

Helping Australians get more of their pay by leveraging financial tools and benefits.
18 March 2024
Business
28 February 2024
Business

CBA speeds up business lending

Speed of financing is the most important factor for businesses when choosing a lender, according to new industry data.
5 December 2023
Innovation

Commonwealth Bank reimagines products and services for Business Banking customers

CBA announces new investments in tailored propositions for the agricultural and real estate sectors at the Reimagined Banking Briefing.
29 November 2023
Business

CBA rolls out NameCheck availability to leading industry names

Bendigo Bank and Satori are piloting CBA’s industry leading NameCheck technology to help combat scams and mistaken payments.
27 November 2023
Business

Sydney exodus sees NSW pass Queensland as regional relocation destination of choice

Australia continues to have a highly mobile population, with the overall number of movers this quarter at its third highest level since March 2018....
1 November 2023
Research and reports

Consumers opt for convenience and money-saving technologies amidst higher cost of living

Budget-conscious Australians are redirecting funds towards essential goods and services or savings, and changing their shopping and spending habits...
8 September 2023
Business

CBA records strongest asset finance growth on record

New CBA data reveals record number of businesses financing new transport and equipment in the past financial year, with electric vehicles and techn...
25 August 2023
Business

Veterans turning small business dreams into reality

CommBank for Veterans is giving more veterans opportunities to pursue their business goals.
24 August 2023
Business

Pharmacies innovate in response to 60-day dispensing

Pharmacies are turning to digital technology to reduce costs while expand services in response to the challenges of 60-day dispensing, new CommBank...
17 August 2023
Small business

A brigade of cyber wardens set to transform small business cybersecurity landscape

The ultimate line of defence against cyber criminals is about to march in, and they mean business.
1 August 2023
Business

Regional Western Australia emerges as growth hotspot

Regional areas in Western Australia have emerged as favourites with both city slickers and regional residents in the year to June 2023, the latest ...
31 July 2023
Business

CBA backs tradies with new partnership

CBA launches new partnership with Total Tools to deliver more value for tradies, with new data showing a boom in the number of them joining the bank.
13 July 2023
Business

Employment opportunities drive mobility across Australia to its highest point in five years

Mobility across Australia is at its highest point since March 2018, driven by employment opportunities, business and industry growth, the latest Re...
31 May 2023
Business

CBA steps up national battle against scams

Industry-leading NameCheck anti-fraud technology to be offered to government, financial services firms as CommBiz customers get use of new service ...
30 May 2023
Business

CBA launches $0 Smart Mini reader promotion at CommBank SmallBiz Week 2023

Bank targets support for small businesses, in addition to $0 monthly account fee CommBank Business Transaction Accounts
25 May 2023
Innovation

CBA launches new 48-hour and seven-day notice deposits to help SMEs maximise cash flow

Businesses will be able to maximise their cash flow thanks to a new Commonwealth Bank innovative short notice deposit account that allow customers ...
23 May 2023
Business

CBA launches small business Sustainability Action Tool

CBA is the first Australian bank to offer a sustainability action tool to help small business customers improve environmental outcomes while enhanc...
22 May 2023
Business

Manufacturers set to expand production and drive profit growth with ‘efficiency, productivity and sustainability’

Australian manufacturers expect to increase production volumes in the next 12 months, supported by higher capital expenditure and investment in tec...
17 May 2023
Business

Unpacking the grit and resilience of women in business: Women in Focus and Women’s Agenda launch new research report

The research shows that, despite facing significant obstacles, women in business remain determined to succeed.
27 April 2023
Business

CBA launches green vehicle and equipment finance

Discounted asset financing to support the sustainability goals of businesses through investment in green vehicles, equipment and machinery.
17 April 2023
Business

CBA and AAPM partner up to build digital practice management capabilities

Commonwealth Bank and Australian Association of Practice Management are focusing on driving best practice among health care managers using the powe...
12 April 2023
Business

Newcastle Airport expansion to take off

Newcastle Airport is embarking on a significant expansion plan, with the Commonwealth Bank, acting as the sole financier.
11 April 2023
Business

Digital solutions supporting rising demand for healthcare

Healthcare providers respond to rising demand and staffing shortfalls by embracing digital, new CommBank Health research reveals.
11 April 2023
Economy

Economy ‘still challenging for many people’ despite strong conditions: Matt Comyn

Commonwealth Bank’s CEO in conversation at the Australian Financial Review Business Summit.
10 March 2023
Business

Faster, affordable working capital will help power small businesses

Small businesses now have faster access to funding with a range of new CBA digital working capital tools
22 February 2023
Agribusiness

Investing in innovation and sustainability is key for family-run South Australian business SA Mushrooms

Agrifood innovation is driving success for family-run South Australian business SA Mushrooms.
21 February 2023
Business

General practices turn to smart health solutions to navigate rising demand for primary care

Healthcare providers are increasing their take-up of digital solutions to improve operational efficiencies and patient experiences, new CommBank He...
21 February 2023
Agribusiness

Farmers invest in agritech to improve sustainability

CBA’s sustainable finance solutions are giving farmers greater options to invest in agritech to enhance production efficiencies and quality.
21 February 2023
Business

Patients can now claim Medicare and private health on one CommBank Smart Health device

CommBank Smart Health is making it simpler and more convenient for healthcare providers and patients to make a wider range of claims.
26 January 2023
Business

Younger Australians the least cyber safe generation

As Australian small business owners grapple with how to protect themselves and their customers online, new research shows young Australians are les...
17 January 2023
Business

CommSec tips shares to lift in 2023 despite ongoing challenges: CommSec Year in Preview

Despite ongoing challenges, CommSec is tipping the Australian sharemarket to lift 4-7 per cent over the coming 12 months.
4 January 2023
Media release

Transforming ecommerce with PowerBoard

CBA launches PowerBoard, a new ecommerce solution that simplifies technology integrations to deliver merchants payment choice, efficiencies and inn...
2 December 2022
Sustainability

Financing one of Australia’s largest wind farms

TagEnergy will soon begin construction of Victoria’s largest wind farm, with financing support from CBA.
30 November 2022
Business

HMC Group receives ABGF investment following CBA referral

With support from CBA, Western Australia-based aviation and tourism group HMC Group receives $15 million investment from ABGF.
23 November 2022
Agribusiness

CBA prepays for carbon credits in a landmark deal for Australia’s agri sector

CBA prepays for carbon credits in a landmark deal for Australia’s agri sector
18 November 2022
Research and reports

Record demand for workers one of the strongest ‘pull factors’ for regional movers

Regional business and jobs growth is providing more opportunities for the increasing number of people leaving cities for a life in the regions, acc...
17 November 2022
Sustainability

10 takeaways from Momentum: Accelerating Australia’s Transition

CBA Newsroom shares the top insights from CommBank’s second sustainability conference.
31 October 2022
Sustainability

CBA brings together business and science leaders to advance Australia’s low carbon transition

The bank’s second sustainability conference spotlights how major Australian businesses and investment groups are navigating the path to a net zero ...
31 October 2022
Sustainability

Rock star scientist on the meaning of life on Earth, the universe and everything

We may only be a tiny speck in space but all of humanity has a duty to protect civilisation on our planet, particle physics professor and TV presen...
31 October 2022
Media release

New CBA app helps charities with digital donations

As Aussies continue to embrace digital wallets, charities can now accept contactless donations with CBA’s new Smart Giving app.
20 October 2022
Business

New cyber safety initiative to upskill small businesses

CBA is teaming up with Telstra and leading small business advocacy body, COSBOA, to tackle one of the greatest risks facing the country’s 2.3 milli...
17 October 2022
Economy

Consumers call for businesses to activate circular economy

Consumer concerns about rising living costs is driving greater support for businesses that participate in the circular economy, a new CBA report ha...
17 October 2022
Business

CommBank Health invests in Surgical Partners

CommBank Health today announces a minority investment in financial management platform Surgical Partners, bringing powerful operational and financi...
13 October 2022
Business

Getting back into the workforce with CommBank

Applications for CommBank’s Institutional Bank Career Comeback Program are now open.
11 October 2022
Business

Spending declines as rising interest rates impact households

The RBA’s aggressive interest rate hikes are beginning to effect spending, according to the latest CommBank Household Spending Intentions Index
11 October 2022
Business

CBA joins Prince’s Trust Australia to recognise veteran-owned businesses

Winners have been announced for the inaugural Beyond Service Awards, an initiative of the Prince’s Trust Australia and sponsored by Commonwealth Ba...
10 October 2022
Business

CommBank’s Smart Health solution for the NDIS

CommBank partners with the National Disability Insurance Agency to build a new point of support channel to help make claiming accessible, fast and ...
6 October 2022
Business

Veteran-owned businesses to be recognised by Governor General

CBA joins national charity Prince’s Trust Australia to celebrate entrepreneurial veteran community owned businesses and their achievements.
30 September 2022
Business

Supporting Aurecon to achieve greater sustainability

CBA plays leading role in Aurecon’s entrance to sustainable finance market.
14 September 2022
Business

Modernising payments with PayTo

CBA switches on PayTo for CBA payers, trials PayTo for CBA business customers to create payment agreements and receive payments.
13 September 2022
Sustainability

Australia’s first sustainability-linked loan for the manufacturing sector

Pact Group’s SLL, arranged by CBA, aims to foster growth of Australia’s circular economy by incentivising recycling, emissions reduction, and gende...
12 September 2022
Business

Celebrating Australia’s leading community treasurers

CommBank’s annual Not-for-Profit Treasurers’ Awards winners announced.
12 September 2022
Business

Inside Bathurst: The booming regional city offering new opportunities

Bathurst in NSW has been added to the list of key growth areas, in the latest quarterly Regional Movers Index.
29 August 2022
Business

Population movement to regional areas eases in June quarter

Young people are driving growth in regional economies, but the overall volume of people moving from major cities is easing, according to new data f...
29 August 2022
Business

CommBank supporting the growth of Indigenous businesses

Proud Yankunytjatjara woman Simone Kenmore is committed to supporting the growth of intergenerational wealth by strengthening the First Nations’ bu...
22 August 2022
Business

Businesses buy local to tackle supply chain issues

New CBA research shows companies remain positive and plan to invest, in spite of current economic challenges.
12 August 2022
Business

New dedicated support for tradies

CBA launches tailored support for tradies including discounts, smarter transaction accounts and resources to help them manage their business.
28 July 2022
Business

End of an era for LIBOR opens the way for AONIA to make its mark in Australia

As most financial markets adopt risk-free rates following historic changes to the world’s most widely used interest rate, the Australian market may...
27 July 2022
Business

CBA offers businesses savings on internet, phone and hardware

Exclusive CBA and More partnership can deliver an average annual saving of $2,300 for eligible business customers.
21 July 2022
Business

CBA launches international currency ESG Term Deposits as inflows top A$1.5 billion

Focus on sustainable finance product innovation also sees CommBank launch its first sustainability-linked derivative with client Treasury Wine Esta...
18 July 2022
Business

Commonwealth Bank climbs global rankings in Euromoney FX Survey 2022

CBA amongst biggest gainers in annual survey of wholesale foreign exchange market and top ranked Australian bank for Real Money investors and FX Sw...
15 July 2022
Small business

Confidence among community pharmacists climbs to ten year high

Digital solutions are driving greater cost-efficiencies and better patient experiences, according to the latest CommBank Pharmacy Insights Report 2...
15 July 2022
Household spending

Rising prices and return to work lift consumer spending in June, but higher interest rates already making impact

CommBank Household Spending Intentions Index tracks the impact of higher prices and interest rate increases, with declines in entertainment, home b...
12 July 2022
Business

Digital-first healthcare solutions to enhance patient experiences and outcomes

Greater uptake of digital-driven solutions in healthcare management could significantly improve patient experiences while saving providers time and...
7 July 2022
ASX announcement

Completion of sale of 10% shareholding in Bank of Hangzhou

Commonwealth Bank of Australia (CBA) has completed the sale of a 10% shareholding in the Bank of Hangzhou Co., Ltd. (HZB).
1 July 2022
Business

Young Aussies increasingly opting for regional lifestyle

Local businesses in regional areas across the country are bursting with new opportunities as more people, particularly young people, migrate from c...
23 June 2022
Business

Young movers driving growth in regional areas

Regional migration is at a five-year high and young people are driving growth, according to new data from the Commonwealth Bank and the Regional Au...
23 June 2022
Business

CommBank distributes $700,000 in Flood Relief funding to Northern Rivers community organisations

The CommBank Flood Relief Fund is helping Northern Rivers’ community groups on the road to recovery.
15 June 2022
Business

New dedicated support for veteran-owned businesses

CBA announces a new team and industry partnerships to support veterans and their families to successfully transition to entrepreneurship and build ...
15 June 2022
Business

'A pipe dream’ turned reality': Veterans making moves in the business world

Matt Lewis is one of more than 30,000 veterans turning their learned experiences in the Australian Defence Force into business skills.
15 June 2022
Business

CBA helps fund construction of NSW grid-forming battery

Edify Energy, a leading Australian renewable energy developer, plans to build and operate the energy storage system in Darlington Point, NSW, with ...
14 June 2022
Business

Nationwide roadshow showcases Smart terminal accessibility features

CBA is on the road to help small business owners and community members learn about Smart’s accessibility features.
1 June 2022
Business

Accounting business conditions at seven-year high

Digital leaders emerge as the pacesetters for financial performance and growth.
31 May 2022
Business

A focus on small businesses

Commonwealth Bank’s head of Business Banking says the future of the Australian economy will be shaped by small businesses.
23 May 2022
Business

CBA Quick Take: The evolution of digital payments

CBA Newsroom sat down with Commonwealth Bank’s General Manager Merchant Solutions, Karen Last, to discuss the evolution of the bank’s merchant’s pl...
17 May 2022
Business

CBA economists predict stronger, better climate disclosure from Australian companies will drive more sustainability initiatives

Global demand for increased transparency on climate issues and improved emissions accounting methods will open the door to supply-chain collaborati...
12 May 2022
Lending

CBA supports Cbus Property to enter sustainable finance market with Green Development Loan

The national award-winning property developer and investor’s Adelaide development is targeting some of the highest sustainability standards in the ...
10 May 2022
Business

Surge in small businesses investing for future growth: CBA data

CBA data shows 17 per cent growth in financing for equipment and machinery financing amongst small businesses.
26 April 2022
Commversation

CBA Quick Take: A new frontier in sustainable finance

What does the Reliance Rail GSLL mean for Australia’s sustainable finance market?
12 April 2022
Business

International money transfers become cheaper for businesses

CBA is absorbing correspondent bank fees for international money transfers, saving business and retail customers collectively millions of dollars e...
12 April 2022
Business

CBA supports KKR’s investment in Ritchies Transport

Enhanced capabilities sees CommBank active in Australasian private equity transactions.
8 April 2022
Business

Aussie shoppers prioritising purpose

The latest CommBank Consumer Insights Report reveals shoppers are now more conscious of purchasing from purpose-led brands than prior to the pandem...
6 April 2022
Business

Recipient of the CBA John Monash Scholarship focussed on Australia’s transition

The 2022 CBA John Monash Scholarship recipient, Timothy Rownes, has shared how his scholarship will allow him to support Australia’s net zero carbo...
5 April 2022
Agribusiness

Creating a community sized impact

Aussie farmers continue producing productive conversations on mental health.
4 April 2022
Business

Getting back to business: Commonwealth Bank presents SmallBiz Week

New industry data shows small businesses have sights set on growth this year.
1 April 2022
Business

Federal Budget 2022 – CBA ‘bullish’ on the outlook for key commodity prices

CommBank’s economists are expecting prices for iron ore, coking and thermal coal to remain higher than the Budget’s longer term forecasts, which th...
30 March 2022
Economy

Federal Budget signals ‘next phase’ of fiscal policy: CBA Economists

Last night’s Federal Budget was punctuated by a number of fiscal measures designed to alleviate cost of living pressures and support economic growth.
30 March 2022
Economy

CBA Federal Budget reaction: Treasurer looks to economic growth for medium-term debt reduction

Government announces support for Australians to manage rising ‘cost of living’, alongside investment in infrastructure, skills training, regional A...
29 March 2022
Business

Federal Budget 2022 – The spending areas and key numbers to watch: CommBank

With all eyes on next week’s Budget, CBA’s Chief Economist Stephen Halmarick looks at the likely impact on the economy and who could benefit from t...
25 March 2022
Agribusiness

Manufacturers ramp up new digital initiatives and sustainability focus

New CBA research reveals manufacturing industry is set to enter a phase of growth.
24 March 2022
Economy

Economy “firing on all cylinders” set to deliver $40b Budget benefit

Stronger employment numbers, lower welfare payments and surging commodity prices will help improve the bottom line in next week’s Federal Budget ac...
22 March 2022
Business

Repayment deferrals to support flood-impacted businesses

CBA is offering loan repayment deferrals for the next three months to eligible business customers to support with flood recovery.
18 March 2022
Business

Transforming healthcare payments for patients and providers

Newly launched CommBank Smart Health offers all-in-one health directory, payments and claims solution.
18 March 2022
Sustainability

CBA becomes first Australian bank to achieve International Sustainability and Carbon Certification

As the only Australian bank to trade physical grain in the domestic market, ISCC certification will help CBA support ISCC commodities such as wheat...
15 March 2022
Economy

Commodity prices spike leaves Australian dollar undervalued

The Australian dollar is currently undervalued relative to commodity prices, according to CBA's Head of International Economics, Joe Capurso.
15 March 2022
Business

Commonwealth Bank expands Business Banking Major Client Group

CBA is bolstering its offering to Australia’s big corporates on the east coast with the appointment of two new General Managers in Queensland and V...
14 March 2022
Business

Sydney and Melbourne CBDs getting back to business

Businesses in Sydney and Melbourne CBD have seen a boost in spending as pandemic restrictions ease and more workers return to offices in the two ma...
11 March 2022
Workplace

Young Asian-Australian businesses drive strong global links: report

Next generation Asian-Australian businesses could help drive new global links in the Asia Pacific markets, according to a new research report by th...
10 March 2022
Business

Strong SME demand for Asset Finance

New data reveals small and medium businesses are investing in equipment and machinery in advance to manage supply constraints.
8 March 2022
Group performance

CommBank PERLS XIV Capital Notes Bookbuild results

CBA has today announced it has brought forward and successfully completed the Bookbuild for the offer of CommBank PERLS XIV Capital Notes.
4 March 2022
Business

CBA CEO says outlook is bright

In his keynote address at the Australia-Israel Chamber of Commerce today, CBA CEO said the bank would continue to play an important role in support...
1 March 2022
Business

CBA supports Reliance Rail with Green Sustainability-Linked Loan

The $1.8 billion dual-label loan denotes funding that supports Green assets, whilst linking funding costs to the achievement of sustainability perf...
1 March 2022
Business

CBA announces agreement to sell 10% shareholding in Bank of Hangzhou

Commonwealth Bank of Australia has today announced it has entered into a binding sale agreement to sell a shareholding of 10% in Bank of Hangzhou.
1 March 2022
Speech

Building a brighter future for all: CBA CEO

Commonwealth Bank Chief Executive Officer, Matt Comyn, today delivered an address at the Australia-Israel Chamber of Commerce on building a brighte...
1 March 2022
Customers

Pandemic continues to drive city-dwellers to regional Australia

CBA data shows net migration to regional Australia is double what it was two years before the pandemic.
17 February 2022
Sustainability

CBA and Viterra partner on Australia’s first sustainability-linked, syndicated inventory financing

The transaction commits Viterra to ensure the sustainability of products it purchases in Australia, as well as imports.
16 February 2022
Business

CBA partners with fintech Paypa Plane

New partnership to revolutionise payments for Australian businesses and their customers.
7 February 2022
Business

CBA support for Omicron impacted small businesses

CBA encourages Australian businesses impacted by the Omicron variant to take advantage of the support measures available through the bank and gover...
31 January 2022
Economy

Strong partnership with clients sees CBA top 2021 Australian debt capital markets league table

Commonwealth Bank of Australia (CBA) was the leading bank for Australian debt capital markets in 2021 according to Bloomberg data, raising $19.7 bi...
25 January 2022
Business

The festive period and re-opening of the Qld border helps spending to soar in sunshine state

New Queensland merchant terminal data from Commonwealth Bank has revealed a jump in the level of spending following the state’s decision to re-open...
22 December 2021
Sustainability

IFM invests in newly launched CBA ESG Term Deposit

The innovative ESG-labelled investment product is an Australian-first and provides an additional source of funding to support Australia’s transition.
13 December 2021
Business

CBA welcomes extension of SME Loan Scheme

CBA welcomes Federal Government’s extension of the existing SME Loan Scheme to support small and medium businesses in their recovery.
13 December 2021
Business

CBA’s Global Markets sales and research score highly in Peter Lee 2021 client surveys

Strong results across fixed income, FX and rates and in inaugural ESG rankings.
11 December 2021
Business

CBA executes ISPT’s carbon offset trade

CBA’s first surrender of Australian Carbon Credit Units on behalf of a client puts ISPT on track to be carbon positive by 2025.
8 December 2021
Corporate responsibility

Community Grant recipient leverages donation to boost community support

Not-for-profit organisation and CommBank Community Grant recipient, What Ability Foundation, has hosted an event at CommBank Stadium today to celeb...
3 December 2021
Colonial First State

Completion of sale of 55% interest in Colonial First State to KKR

CBA today announced the sale of a 55 per cent interest in Colonial First State (CFS) to KKR has completed.
1 December 2021
Business

CBA launches a zero interest business loan

In a first for a major Australian bank, CBA has announced it will offer eligible small businesses a zero interest business loan with just one estab...
30 November 2021
Business

Aussies take advantage of Black Friday sales

Australians have hit the shops – either in person or online – over this Black Friday weekend, with retailers across the country enjoying a spike in...
30 November 2021
Business

Aussies set to spend big this Black Friday

If the spending trends of years gone by are anything to go by, Aussie retailers are expected to see significant growth in consumer spending this we...
25 November 2021
Colonial First State

Regulatory approval update for sale of 55% interest in Colonial First State to KKR

Commonwealth Bank of Australia (CBA) has today announced all regulatory approvals have been received for the sale of a 55 per cent interest in Colo...
23 November 2021
Agribusiness

Strong investment sees Agriculture continue to flourish

Celebrating the resilience of the agri sector as it continues to reach record highs this National AgDay.
19 November 2021
Agribusiness

National Ag Day: Celebrating innovation and diversity

National AgDay is an opportunity to recognise the contribution Aussie farmers and the agriculture sector make to our economy, and to the success of...
19 November 2021
Agribusiness

CBA announces industry-leading Agri Green Loan pilot

CBA is piloting a new low-rate loan to support agribusinesses to reduce their net emissions, make their properties more resilient to climate variab...
18 November 2021
Group performance

Commonwealth Bank 1Q22 trading update

Commonwealth Bank of Australia has today released its trading update for the quarter ended 30 September 2021.
17 November 2021
Business

Law firms put adaptability on display

CommBank’s latest research reveals law firms’ profits have far outpaced expectations, but some challenges are intensifying in a buoyant market.
15 November 2021
Business

CBA’s BNPL StepPay puts money back in business’ pockets

Forget charging 4 per cent fees that many BNPL players charge, StepPay is paying eligible businesses a 4 per cent bonus on StepPay transactions ove...
5 November 2021
Economy

Australian spending climbs toward pre-lockdown levels

National spending is up 20 per cent from 2019 levels as all states and territories emerge from months of lockdowns.
2 November 2021
Business

Increase in people choosing a regional lifestyle despite Sydney and Melbourne lockdowns

Lockdowns in Sydney and Melbourne have not stopped the continued increase in overall population flows from capital cities to the regions throughout...
28 October 2021
Lending

CBA provides first build-to-rent Green Loan in Australia

Indi Sydney City will be a 5 Star Green Star building that will be carbon neutral in operations.
27 October 2021
Group performance

Update on Commonwealth Financial Planning

CBA has today confirmed it will commence the closure of the remaining Commonwealth Financial Planning (CFP) business.
26 October 2021
CommSec

CommSec State of the States: Tasmanian economy still No.1

New CommSec economic data indicates Tasmania is out-performing, while there is little to separate other state economies.
25 October 2021
Business

Victoria gets back to business as spending surges in first weekend post-lockdown

New data from CBA merchants shows Victorian residents are spending big at hairdressers, barbers, beauty salons and formal wear rentals.
25 October 2021
Sustainability

CBA backs Providence Asset Group’s portfolio of 10 community-based solar farms

The solar farms deliver renewable energy generation in regional Victoria.
21 October 2021
Business

Reimagining payments for Aussie businesses

CommBank launches its new, Smart payment solution with the latest technology and in-built features to help businesses better serve their customers.
20 October 2021
Business

NSW business resurgence: Spending spikes on massages, beauty, hair and clothes

New data from CBA merchants shows NSW residents are spending big on personal services and clothing purchases.
15 October 2021
Media release

Businesses accessing cash in new way

CBA’s fully digital lending product, Stream Working Capital, provides cash flow using a business’ invoices to deliver fast funding.
11 October 2021
Business

CBA enters partnership with Xpansiv to develop Australia’s voluntary carbon market

The two companies enter a Strategic Relationship Agreement focused on driving carbon market growth.
11 October 2021
Business

CBA welcomes ABGF’s first investment

Australian business 3ME Technology Holdings receives $15 million to expand
7 October 2021
Small business

Helping SMEs restart and recover

CBA expands SME loan support, invests in tech to deliver benefits to businesses.
3 October 2021
Small business

How small businesses can get match fit as lockdowns get ready to lift

CBA lists three top tips for SMEs to help them recover from COVID-19 restrictions.
30 September 2021
Business

Small businesses to save millions with lower merchant pricing

CBA puts millions back in small business’ pockets through lower merchant fees.
23 September 2021
Media release

CommBank invests in Western Sydney

New stadium partnership and small business funding to help drive recovery in one of the nation’s key engine rooms
21 September 2021
Business

Regional lifestyle continues to appeal

Australians continue to make the move to regional Australia, with those areas located within a three hour drive of the capital cities proving most ...
17 September 2021
Business

CBA opens up access to economic and sustainability reports

Commonwealth Bank of Australia (CBA) is making it easier to access economic and sustainability reports produced by the bank’s Global Economic & Mar...
16 September 2021
Business

Businesses backed for recovery

CBA funds nearly $2 billion in government scheme loans for small and medium businesses to help them manage the impacts of Coronavirus
15 September 2021
Business

CBA supports Charter Hall with Australia’s first Green Development Loan

When completed, the commercial office development in Victoria will house Australia Post headquarters.
14 September 2021
Sustainability

CBA backs Walker Corporation’s ESG commitment with Green Loans

CBA acts as joint green loan coordinator for Walker’s commercial buildings in Sydney’s Parramatta Square and Melbourne’s Collins Square.
8 September 2021
Business

Commercial Property Loans go green

CBA’s new zero fee Property Sustainability Upgrade Loan helps property owners reduce their environmental impact while saving on operating costs
2 September 2021
Sustainability

CBA supports new wind farm to advance QLD towards renewable energy goal

Dulacca Wind Farm, backed by a loan from CBA, will help QLD reach its goal of generating 50 per cent of its power from renewable sources by 2030.
2 September 2021
Media release

Covid support advice for accountants

CBA is hosting a webinar for accountants and bookkeepers to outline support options available for businesses.
31 August 2021
Business

Backing businesses for the future

CBA supports Federal Government’s expanded scheme loans for small and medium businesses.
25 August 2021
Agribusiness

Challenging conditions but FY21 Asset Finance lending at a 10-year high

New data shows the Financial Year ‘21 recorded the largest volume of new Asset Finance lending in CBA’s history.
23 August 2021
Business

GPs boost technology as pandemic increases digital demand

Latest CommBank GP Insights Report finds general practices (GPs) are increasing investing in technology to meet customer demand and support ongoing...
20 August 2021
Business

CBA and Klarna unite to support Australia’s retailers

Commonwealth Bank merchant customers offered Klarna business and marketing support through a new joint initiative.
10 August 2021
Business

CommBank digital feature makes it easier for businesses to navigate COVID-19 support

CommBank extends personal banking digital feature to help businesses connect more easily with unclaimed government benefits and rebates.
6 August 2021
Business

New CBA partnership strengthens support for small business

Leading advocacy body and Australia’s largest bank have formed a new partnership to support small business customers.
3 August 2021
Business

Small Business webinars to help customers navigate COVID and access support

CBA’s Business Bank Group Executive, Mike Vacy-Lyle, and Chief Economist, Stephen Halmarick, will connect with small business customers across the ...
28 July 2021
Business

Update on Commonwealth Financial Planning

Commonwealth Bank of Australia (CBA) has expanded its partnership with AIA Australia.
28 July 2021
State of the States

CommSec State of the States: Tasmanian economy out-performs

New CommSec economic data indicates TAS is out-performing, while QLD and WA show the strongest momentum due to internal migration.
26 July 2021
Agribusiness

Australia’s first sustainability-linked loan for Agriculture

Leading Australian beef producer Stockyard partners with CBA to drive enhanced leadership in social outcomes under new funding agreement.
22 July 2021
Business

CBA partners with Celsus in landmark issue of Australia’s first sustainability loan

Celsus, the commercial (non-clinical) operator of The Royal Adelaide Hospital, breaks new ground for global sustainable finance market with CBA sup...
15 July 2021
Business

CBA partners with client trio to support Australia’s largest PET recycling plant

CBA’s institutional bank has structured a bespoke solution to finance the circular economy joint venture.
7 July 2021
Business

Deep focus on supporting clients drives CBA to top of debt markets league tables

Helping clients through the challenges of COVID-19 has been top priority for Commonwealth Bank.
2 July 2021
Lending

Small businesses to access billions in untapped cash

CBA’s new digital lending solution, Stream Working Capital, gives businesses faster and more flexible access to cash flow using their outstanding i...
24 June 2021
Business

CBA announces sale of general insurance business

CBA sells CommInsure General Insurance to the Hollard Group and establishes an exclusive 15-year strategic alliance
21 June 2021
Business

CBA emergency assistance Victorian floods

Commonwealth Bank is providing its Emergency Assistance support to customers and businesses in Victorian storm-affected areas.
11 June 2021
Business

From excavators to laptops: Aussie businesses boost investment

CBA data shows significant asset finance growth across multiple sectors, with demand for excavators up 191 per cent YOY.
10 June 2021
Business

CBA helps NHFIC issue its first sustainability bond

CBA’s institutional bank helps support the construction of affordable and sustainable housing.
1 June 2021
Business

CBA backs Queensland hospitality comeback

Queensland’s hospitality venues are investing for the future as new data from CBA shows lending to venues in the Sunshine State is up 40 per cent.
1 June 2021
Business

Aussie shoppers prefer Aussie made

Inaugural CommBank Consumer Insights Report reveals how the pandemic has reshaped consumer behaviours and intentions.
24 May 2021
Government

Fiscal policy supports strong recovery: CBA economists

Last night’s Federal Budget was defined by a number of fiscal measures that are designed to support a wide range of sectors and drive economic growth.
12 May 2021
Government

CBA’s chief economist says: jobs, community support dominate Budget

Infrastructure spending, investment in skills and training “aims to put more people into jobs”, says CBA chief economist Stephen Halmarick.
11 May 2021
Technology

CBA transforms its ecommerce offering with BigCommerce partnership

From design to sales, CBA merchants now have access to a ‘one stop shop’ for their online business.
10 May 2021
Business

Commonwealth Bank and data science leader Quantium launch CommBank iQ to help customers build Australia’s future economy

Commonwealth Bank announces a new joint venture with Quantium to deliver insights to Australian businesses, governments and investors.
10 May 2021
Agribusiness

“Stewards of the land”: farmers in the market for land, expansion opportunities

Following years of drought, high confidence amid favourable conditions has placed farmland in high demand.
6 May 2021
Business

CBA strengthens digital healthcare capabilities with Whitecoat acquisition

CBA accelerates ambition to provide Australia’s best-in-class digital experience for healthcare customers.
4 May 2021
Business

Australian accounting firms ramp up growth opportunities

Accounting firms enjoy buoyant business conditions amid continued client demand.
29 April 2021
Business

Completion of divestment of Australian life insurance business

Commonwealth Bank of Australia has today announced the completion of the divestment of its Australian life insurance business.
1 April 2021
Business

CBA acknowledges proceedings commenced by ASIC

CBA acknowledges that civil proceedings have been brought by the Australian Securities and Investments Commission in the Federal Court.
1 April 2021
Small business

CBA backs Australian hospitality recovery

The recovery in Australia’s hospitality industry is picking up as consumers steadily increase spending.
29 March 2021
Business

CBA welcomes expanded government SME Recovery support measures for flood-hit businesses

Commonwealth Bank of Australia has welcomed the federal government's extension of the SME Recovery Loan Scheme for flood-impacted businesses, anno...
27 March 2021
Business

CBA reaches agreement to settle US BBSW class action

Commonwealth Bank of Australia (CBA) has reached an agreement with the Plaintiffs to settle the US BBSW class action.
22 March 2021
Business

Regional Australia bounces back as Aussies explore their own backyards

Regional Australia defies COVID-19 downturn with hospitality, tourism and retail spending showing significant year-on-year growth.
17 March 2021
Group performance

Innovation drives growth in lending

At its half year financial results earlier today, Commonwealth Bank reported above system growth in all of its core businesses.
10 February 2021
Household spending

Travel, entertainment spending intentions increase in December

Australian household spending intentions for travel and entertainment ticked higher at year-end, even as appetite for home buying softened, accordi...
19 January 2021
Business

CBA supports Australian-first PPP Green Loan

Green finance to help Australia’s transport sector in the transition to a low carbon economy.
16 December 2020
Household spending

Home Buying and Retail spending intentions strengthen in November

Spending intentions grew in a number of key categories last month, according to combined CBA and Google data.
15 December 2020
Business

CBA collaborates with Queensland Government to offer contactless payments to Gold Coast commuters

New payment technology rolls out for Gold Coast Light Rail commuters in South East Queensland, supporting traditional cash and go card.
14 December 2020
Business

‘Tis the season for businesses to be fraud aware

Fraud rates among CBA merchant customers have fallen by 15%, but small businesses are encouraged to remain vigilant as online sales spike.
4 December 2020
Business

CBA acknowledges proceedings commenced by ASIC

Commonwealth Bank of Australia (CBA) acknowledges that civil proceedings have today been brought by the Australian Securities and Investments Commi...
1 December 2020
Small business

Businesses get ready for a busy Black Friday and Cyber Monday

Aussie shoppers welcome the opportunity to snag a bargain during this increasingly popular period, according to CBA credit and debit card data.
26 November 2020
Business

Australian law firms defy pandemic amid intensifying fee pressure

Australian law firms have shrugged off fears of a contraction in revenue due to the coronavirus, recording rising year-on-year profits.
25 November 2020
Economy

Reserve Bank partners with CBA and others on Wholesale Central Bank Digital Currency research project

An industry blockchain project involving the RBA, CBA, NAB, Perpetual and ConsenSys Software.
2 November 2020
Business

Millennials embrace telehealth consultations with general practitioners

New data has revealed more than 95 per cent of general practices (GPs) across Australia are now offering telehealth technology in response to the C...
28 October 2020
Business

Melbourne Cup rate cut a firm favourite

A November rate cut by the Reserve Bank of Australia now looks all but certain, according to Commonwealth Bank Chief Economist Stephen Halmarick.
27 October 2020
Business

Tas remains on top, ACT lifts and Vic slips: CommSec State of the States

The latest CommSec economic rankings reveal how the pandemic recession is hitting some states and territories harder than others.
26 October 2020
Business

Institutional investors increase demand for 'green' finance

Two green bonds issued this week highlights the growing demand for sustainable finance, according to Commonwealth Bank.
23 October 2020
Innovation

CBA supports Bribery Prevention Network

Commonwealth Bank of Australia has joined forces with several other ASX-listed companies, government and civil society organisations to launch the ...
21 October 2020
Economy

Uneven recovery continues in September

CBA’s Chief Economist Stephen Halmarick confirms spending intentions largely tracked sideways in September, while expecting future improvements.
20 October 2020
Innovation

Working from home sees spike in cyber-scams

An increase in the number of Australians working from home due to COVID-19 has resulted in a surge in remote access cyber-scams, Commonwealth Bank ...
20 October 2020
Economy

Local support essential for small business recovery

Commonwealth Bank is more than doubling the number of local business bankers in branches across the country, and improving lending services in-bran...
19 October 2020
Economy

CBA invests $100 million for Australian Business Growth Fund

Commonwealth Bank of Australia (CBA) has welcomed today’s announcement by the Federal Government to establish the Australian Business Growth Fund b...
16 October 2020
Business

COVID-19 temporary loan repayment deferral data for September 2020

An update on CBA's COVID-19 temporary loan repayment deferral data for the month of September 2020, ahead of the Group's Annual General Meeting on ...
12 October 2020
Business

CBA ready for funding spike as SMEs look to future growth

With the second phase of the Federal Government’s SME Guarantee Scheme now underway, CBA is ready for credit demand to increase as businesses...
11 October 2020
Economy

Budget and low-cost funding to boost business investment

Small businesses have received a much needed confidence boost with the combination of the Federal Government’s 2020 Budget measures and extended Co...
7 October 2020
Business

APRA releases loan repayment deferral data for August 2020

An update on CBA's COVID-19 temporary loan repayment deferral data for the month of August 2020.
1 October 2020
Economy

Budget to “dig deep” to support the economy

With the Federal Government set to hand down its 2020/21 Budget next week, Commonwealth Bank’s Head of Australian Economics, Gareth Aird, details w...
30 September 2020
Business

CBA enables new cashless payment option for Adelaide commuters

CBA’s innovative payment technology supports the move away from using cash to pay..
20 September 2020
Business

CBA sustainability-linked loan captures international interest

Australia’s first sustainability-linked loan tied to achieving better social outcomes is capturing international interest.
17 September 2020
Business

Australia ranks 18th on ‘cheapest tech’ list

A firm Australian dollar underpinned by the high price of iron ore means Australia is no longer one of the cheapest countries in the world to buy a...
15 September 2020
Small business

Small businesses get funds in minutes with BizExpress Online

Thousands of CBA’s small business customers* can now apply for, and access, new loans in as little as 20 minutes, with BizExpress Online.
27 August 2020
Business

Renewed restrictions hit business activity

Early data indicates business activity has gone backwards, according to initial results of the latest CBA Purchasing Managers’ Index.
21 August 2020
Business

CBA teams up with strategic partners to offer new digital services to customers

Commonwealth Bank today announced the appointment of two strategic partners to help deliver new digital banking services to the Group’s 15 million ...
28 July 2020
x15ventures

X15 Ventures launches Backr to help first-time businesses

New app provides businesses with everything they need to hit the ground running.
28 July 2020
Business

Tasmania leads the nation: CommSec State of the States

The latest CommSec economic rankings reveal how the state and territory economies have handled the early stages of the coronavirus pandemic.
27 July 2020
PMI

Business recovery gathers pace

Improvement in business activity gained momentum this month, according to initial results of the latest CBA Purchasing Managers' Index.
24 July 2020
Agribusiness

Growing optimism for Aussie farmers

Opportunity for agribusinesses to capitalise on positive outlook.
14 July 2020
Business

Commonwealth Bank welcomes Government's HomeBuilder program

CommBank welcomes the announcement of the new HomeBuilder program which will help boost the economy, support home builders and renovators, and get ...
4 June 2020
Colonial First State

CBA announces agreement to sell 55% stake in Colonial First State to KKR

Commonwealth Bank of Australia has entered into an agreement with KKR to sell a 55% interest in Colonial First State, implying a total valuation on...
13 May 2020
Business

CBA approves half a billion dollars in SME loans

Commonwealth Bank (CBA) has approved more than $555 million in loans for small and medium businesses through the Government-backed SME Guarantee Lo...
7 May 2020