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

Travel and events lift May spending, but mortgage holders hit the brakes in CommBank's latest Household Spending Insights.

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

Economy

Why the RBA is happy to play a waiting game

The RBA is expected to stay on hold as it waits to see whether earlier rate rises are doing enough to slow inflation without hitting the economy to...

30 June 2026

Economy

Chokepoint: How Iran changed the game on trade

Disruptions in key maritime routes highlight the growing vulnerabilities in global trade, says CommBank Geo-Economist Madison Cartwright.

30 June 2026

Economy

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, superannuation, government payments and new busin...

30 June 2026

Markets

Stocks and oil prices rise with eyes on Iran

US stocks closed higher as investors monitored the implementation of an interim peace deal between Iran and the US, while oil prices also climbed.

30 June 2026

Markets

ASX closes higher as markets watch Middle East developments

Australia's share market closed higher after a US official said America and Iran would "stand down for now" following an exchange of fire near the ...

29 June 2026

Technology

A dream job, AI and the chance to finally solve an old and challenging problem

Moving from Denmark to Sydney for a role he’d long wanted felt like a dream come true for Ferd Scheepers, who’s now looking to use AI to finally ta...

29 June 2026