Search results for Small 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
Small business

The great divide: small business and perceptions of online safety

New research suggests Australian small businesses regard cyber security as either a high priority, or not a priority at all, potentially making the...
27 March 2024
Business
28 February 2024
Small business

Small and medium businesses considering investments for growth in 2024

Small and medium-sized businesses are focusing on strengthening their customer proposition, with 80 per cent planning to use one or more strategies...
30 January 2024
Small business

Commonwealth Bank and Supply Nation join forces to launch a new business banking, education and training solution to support the growth of Indigenous businesses

Commonwealth Bank announces an agreement with Supply Nation to offer a dedicated business banking package and education series for Indigenous busin...
22 January 2024
Small business

Risky Business: New research reveals top five everyday habits making small businesses a target for cyber crime.

New research reveals the top 5 everyday habits that make small businesses more vulnerable to cyber-attacks and easy steps to avoid them in 2024.
15 January 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
Small business

Young owners drive a surge in Australian entrepreneurialism

New CBA research shows millennials and Gen Z accounted for 63.3 per cent of business transaction account openings in the 2023 financial year.
27 November 2023
Small business

Preparing your small business for the holiday season

The festive season is a critical time of year for small businesses, with CBA data showing almost a quarter of all small business owners deriving up...
16 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
Small business

CBA announces executive appointment to Small Business Banking

CBA has appointed a new executive general manager to lead its Small Business Banking team.
5 October 2023
Small business

CBA backs NSW Small Business Month

CBA celebrates NSW Small Business Month, with fresh data showing 10,000 merchants have switched on a smarter solution for payments on-the-go.
3 October 2023
Media release

CommBank digital feature helps businesses to claim millions

Small and medium sized business owners are taking advantage of Commonwealth Bank’s unique Benefits finder tool to find ways to offset rising cost o...
28 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
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 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

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
Small business

Small businesses adapt to rising cost environment with pragmatism

Latest CommBank research shows small businesses are most concerned about a drop in consumer demand, however for many this has not yet materialised.
28 March 2023
Innovation

Post-Covid surge in business start-ups fuels mobile payments

CommBank launches mobile payment solution for merchants, Smart Mini, as entrepreneurial Australians fuel demand for mobile payment solutions.
6 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
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
Lending

CBA surges in Australian asset finance

CBA is gaining a lead in asset finance market share, with more small, medium sized businesses and large companies coming to us for equipment and ve...
24 November 2022
Customers

What Remembrance Day means to a veteran-owned small business

The founder of Adelaide-based Skol Beard Co shares his reflections on the solemn occasion, and why he believes it’s important for all Australians t...
11 November 2022
Technology

This Cyber Security Awareness month, simple advice keeps small businesses safe online

Developed by the Australian Cyber Security Centre and supported by Commonwealth Bank, the Small Business Cyber Security Guide is an easy-to-follow,...
28 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
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
Small business

CommBank celebrates local small businesses

Head of Business Banking Mike Vacy-Lyle joins small business owners in an evening of recognition and celebration.
1 September 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
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
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

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
Natural disasters

CBA donates laptops to flood affected students

Following the devastating flooding earlier this year, CBA has sought to donate more than 600 laptops to school and university students impacted by ...
30 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

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
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
Customers

Small businesses claiming millions with CommBank digital feature

CommBank’s Benefits finder helps Australian businesses claim more than $90 million in government benefits and rebates.
23 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
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

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
Small business

Spending at Victorian pubs, bars and restaurants soar

Clothing retailers, bars and restaurants across Victoria have continued to see growth in customer spending as the state enjoys its second week out ...
3 November 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
Economy

NSW spending rebounds sharply as state exits lockdown

CBA card spending data to be published weekly to track pace & extent of COVID recovery.
19 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
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

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
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

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
Coronavirus

CBA welcomes further support measures

Bridging support available in advance of government payments
13 July 2021
Coronavirus

CBA supports small businesses impacted by lockdowns

Three month loan repayment deferrals offered to eligible small businesses.
8 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
Lending

Aussie businesses shift car sales up a gear

CBA’s financing of light commercial vehicles has increased 187 per cent per cent since Jan 2021, pointing to signs of continued business recovery.
4 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
Small business

Spending in CBDs on the up

Spending in Central Business Districts across the country is up 22.4 per cent over the past six months, with Gen X and older millennials contributi...
14 April 2021
CommBank app

Australians choose to shop local and smart

New research from CommBank Rewards shows more than eight in ten Australians intend to shop locally in future.
8 April 2021
Small business

CBA backs SME recovery

New business loans now available with interest rates from 2.60 per cent
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

‘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
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
Agribusiness

There’s a lot to celebrate this Ag Day

As we celebrate National Agriculture Day and all the good that Aussie farmers do, this is also an opportune time to underline the importance and vi...
20 November 2020
Agribusiness

Positive conditions see farming machinery boom

Favourable weather conditions across many parts of Australia has seen a 50 per cent increase in financing for agri machinery as farmers fast track ...
20 November 2020
Small business

Australia’s leading community treasurers announced

Australia’s leading not-for-profit (NFP) treasurers have been recognised for their contribution to the sector, and to the broader community, at Com...
18 November 2020
Lending

Commonwealth Bank announces its lowest ever fixed rate for customers

Commonwealth Bank is announcing its lowest ever Fixed Rate home loan as well as significant cuts to a number of business loans in response to the R...
4 November 2020
Economy

RBA cuts interest rates to deliver economic boost

Commonwealth Bank’s economists, Stephen Halmarick and Gareth Aird, explain what impact these measures will have on the national economy.
3 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
Small business

Small businesses are innovating to survive

Pre-pandemic, small businesses represented almost 98 per cent of all companies in Australia. They were, and remain, critical to the health of the n...
23 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

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
Government

CBA welcomes job creation and employment support measures in the 2020 Federal Budget

Measures to support and grow employment announced in the Budget should provide certainty and confidence to help Australians to plan for the future,...
7 October 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

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
Coronavirus

Statement regarding the Coronavirus SME Guarantee Scheme

Commonwealth Bank's Chief Executive Officer, Matt Comyn, speaks about the Government's Coronavirus SME Guarantee Scheme
20 July 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
Coronavirus

Supporting customers in a time of need

Angus Sullivan, Group Executive of Commonwealth Bank’s Retail Bank, shares how the Bank is supporting its retail customers.
17 April 2020
Coronavirus

CBA approves $150 million in business loans

Commonwealth Bank (CBA) has approved more than $150 million in loans for small and medium businesses impacted by the coronavirus pandemic.
6 April 2020
Coronavirus

Pulling together to help the country in a time of crisis

Commonwealth Bank CEO Matt Comyn writes about the joint efforts of Australia's banking sector, regulators and the Government to combat the economic...
30 March 2020
Coronavirus

CBA to deliver more support measures to help more businesses

CBA has expanded its range of support measures for business customers impacted by coronavirus, announcing additional loan repayment deferrals, auto...
30 March 2020
Coronavirus

Commonwealth Bank launches coronavirus support campaign

A large scale communication campaign to clearly address our customers’ most common questions and concerns.
26 March 2020
Coronavirus

CBA to extend up to $10bn additional support to small businesses

New unsecured business loans available tomorrow – 500 bps lower than current rates.
22 March 2020
Coronavirus

CBA: up to $10 billion in repayment deferrals for small business and home loans

Commonwealth Bank (CBA) has today announced further measures to support Australian households and small businesses.
20 March 2020
Coronavirus

Commonwealth Bank increases support for business and households

Commonwealth Bank has expanded its support for small businesses and households with a range of new measures in response to today's RBA announcements.
19 March 2020
Coronavirus

Support for customers and businesses impacted by COVID-19

Commonwealth Bank CEO Matt Comyn has today outlined the range of measures and support available to customers and businesses in response to the spre...
10 March 2020