CBA Newsroom

What's changing on July 1: tax cuts, pay rises and payday super

A new financial year will bring a range of changes from 1 July, including higher wages, tax cuts, new super rules, government payment changes and new business measures.

Video features

Disruptions in critical chokepoints like the Strait of Hormuz are exposing vulnerabilities in global trade, driving supply shocks and higher costs, CommBank Senior Geo-Economics Analyst Madison Cartwright explains.

CommBank Socceroos Aziz Behich, Jacob Italiano, Aiden O'Neill and Patrick Yazbek take part in Passing the Torch, where they share their perspectives on football, life and the experiences that have shaped their careers.

After 38 years with CommBank, retired Ballarat Branch Manager Colleen Cornips helps open the city's brand new branch, cutting the ribbon alongside her former colleagues.

Latest news

Property

Housing data to show Australia still short of homes target: HIA

Fresh building data is expected to show Australia is still well short of the pace needed to meet its 1.2 million homes target, even as construction...

6 July 2026

Wealth

Super funds defy market turmoil to deliver strong returns

Superannuation funds have delivered strong gains for members despite a volatile year marked by weak Australian equities, tariff worries and conflic...

6 July 2026

Economy

OPEC+ to expand oil output for fifth straight month as prices slide

Seven OPEC+ nations will add 188,000 barrels a day of oil output in August as prices slide to pre-war lows.

6 July 2026

Markets

Dow hits record high as soft US jobs data eases rate fears

The Dow Jones Industrial Average has closed at a record high, posting a fourth straight week of gains after a much weaker than expected US jobs rep...

3 July 2026

Scams and fraud

Why scams still succeed – even when something feels wrong

New CommBank research reveals nearly one in three scam victims had doubts – showing how scams are designed to override instinct and push people to ...

3 July 2026