Search results for Business


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

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

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

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

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
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

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

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

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

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

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
14 September 2021

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

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

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

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

Backing businesses for the future

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

CBA helps NHFIC issue its first sustainability bond

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

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

Aussie shoppers prefer Aussie made

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

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

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

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

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

“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

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

Australian accounting firms ramp up growth opportunities

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

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

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
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

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

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

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

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

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

‘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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Growing optimism for Aussie farmers

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

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

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