Search results for Government
Opening remarks to the House of Representatives Standing Committee on Economics
Commonwealth Bank Chief Executive Officer Matt Comyn appeared before the House of Representatives Standing Committee on Economics on Thursday, 29 A...
29 August 2024
Commonwealth Bank underscores support of Federal Government’s voluntary financial counselling model
The industry-wide initiative will help the government deliver support to people struggling financially.
21 November 2023
Opening remarks to the House of Representatives Standing Committee on Economics
Commonwealth Bank Chief Executive Officer Matt Comyn appeared before the House of Representatives Standing Committee on Economics on Thursday, 13 J...
13 July 2023
CBA welcomes new National Anti-Scam Centre's first fusion cell
Commonwealth Bank of Australia has welcomed the investment scam fusion cell to combat the growing problem of investment scams, announced today.
3 July 2023
New places available with CBA through the Australian Government’s Home Guarantee Scheme
Eligibility criteria for the Home Guarantee Scheme has expanded providing more opportunities for home ownership.
1 July 2023
CommBank proud to be first major lender to offer Victorian Homebuyer Fund
Commonwealth Bank is the first major lender to accept applications for the Victorian Homebuyer Fund.
8 December 2022
Federal Budget October 2022: CBA expects inflation to fall slightly faster from its peak
Treasury is forecasting inflation (ie. a period of rising prices) to peak at 7.75% by the end of 2022, before dropping back over the coming two yea...
26 October 2022
Federal Budget October 2022: Commodity prices forecasts too ‘conservative’: CBA
Global challenges such as the Ukraine war and China’s COVID-zero policy will continue to weigh on key mining and energy raw materials, inflating so...
26 October 2022
Federal Budget October 2022: Australia’s population growth set to resume
The re-opening of the country’s international borders and the return of overseas migrants will provide a much-needed boost to GDP and help reduce l...
26 October 2022
Federal Budget ‘resetting for an uncertain future’: CBA economists
Commonwealth Bank economists take a close look at the first Federal Budget delivered by Treasurer Jim Chalmers, which includes measures to address ...
26 October 2022
Federal budget preview: CommBank’s chief economist on what to expect
As new Treasurer Jim Chalmers prepares to deliver his first budget, CBA’s Chief Economist Stephen Halmarick explains why it’s important for fiscal ...
20 October 2022
Home buyers set to receive additional support
More customers can apply with Commonwealth Bank for new places available now through the Australian Government’s Home Guarantee Scheme.
1 July 2022
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
Federal Budget 2022: Population growth on the rise after COVID-19
With the pandemic having seen migration to Australia stall to almost zero in 2021, the re-opening of international borders is now forecast to help ...
30 March 2022
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
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
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
CBA moves youth financial education online
CBA will transition to providing financial education resources directly to teachers and parents online.
24 October 2021
CBA welcomes ABGF’s first investment
Australian business 3ME Technology Holdings receives $15 million to expand
7 October 2021
Opening remarks to the House of Representatives Standing Committee on Economics
Commonwealth Bank Chief Executive Officer Matt Comyn and Deputy CEO David Cohen appeared before the House of Representatives Standing Committee on ...
23 September 2021
Govt recognises CBA’s digital features and data analytics as ‘innovative’
The government has singled out Commonwealth Bank’s data-driven and unique digital experience in a new report.
17 September 2021
RBA takes a ‘bet each way’: CBA Economist
At the yesterday’s RBA meeting, the Board remained upbeat about the economic outlook while recognising the need for further support, according to C...
8 September 2021
Australian dollar depreciation remains likely following Jackson Hole meeting
CBA economists see labour force data and the spread of the COVID delta strain in the US determining a possible announcement of asset purchase taper...
30 August 2021
Backing businesses for the future
CBA supports Federal Government’s expanded scheme loans for small and medium businesses.
25 August 2021
COVID restrictions impacting economy: CBA economist
The lockdown in New South Wales will have a significant impact on the Australian economy, says CBA’s Head of Australian Economics.
3 August 2021
CBA welcomes further support measures
Bridging support available in advance of government payments
13 July 2021
CBA helps refinance Sydney Light Rail project with NSW’s first operational PPP Green Loan
CBA’s institutional bank has acted as green loan coordinator and mandated lead arranger for the almost $700 million transaction to support key NSW ...
7 July 2021
CommBank customers entering property market years earlier using homebuyer schemes
Customers are encouraged to apply for new spots with CommBank from Thursday, 1 July 2021.
1 July 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
CEO welcomes Budget measures designed to drive jobs, growth
Commonwealth Bank of Australia CEO Matt Comyn today backed measures in the Federal Budget which will provide targeted assistance to get more Austra...
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
CommBank welcomes new Family Home Guarantee
Eligible customers are encouraged to apply for the new Family Home Guarantee with CommBank from 1 July 2021.
8 May 2021
What to expect from the 2021/22 Australian Budget
A high level break down of what we can expect from next week’s Federal Budget.
7 May 2021
Opening remarks to the House of Representatives Standing Committee on Economics
Commonwealth Bank Chief Executive Officer Matt Comyn and Deputy CEO David Cohen appeared before the House of Representatives Standing Committee on ...
15 April 2021
CBA backs SME recovery
New business loans now available with interest rates from 2.60 per cent
1 April 2021
CBA welcomes new government support measures to help boost economic recovery
Commonwealth Bank of Australia has today welcomed the announcement of new federal government’s today of new financial support measures for industri...
11 March 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
CBA responds to ASIC review of school banking programs
Commonwealth Bank has actively participated in the ASIC review of school banking programs over the past two years, to ensure our program continues ...
15 December 2020
Economic recovery stronger than first thought
Commonwealth Bank’s Head of Australian Economics, Gareth Aird, has indicated strong fiscal stimulus will help the Australian economy recover quickly.
13 November 2020
Investors shrug off US Election uncertainty
While a final decision regarding the next President of the United States may still be some time off, CommSec Senior Economist Ryan Felsman, looks a...
6 November 2020
US Presidential election result could cause Aussie dollar to rise
Commonwealth Bank’s Head of International Economics, Joseph Capurso, explains what impact the US Presidential Election result may have on the Austr...
6 November 2020
CBA accepting requests for new FHLDS places
From tomorrow, CBA will start accepting new requests from eligible first home buyers purchasing new homes to join the FHLDS: New Home Guarantee wai...
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
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
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
A Tale of Two Pandemics: Emerging from recession
Commonwealth Bank's Chief Economist, Stephen Halmarick, explains how Australia will emerge from its first recession in almost 30 years.
7 October 2020
RBA throws weight behind job creation to beat pandemic blues
Official Cash Rate remains on hold at 0.25 per cent prior to the handing down of the federal budget.
7 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
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
Opening remarks to the House of Representatives Standing Committee on Economics
Commonwealth Bank Chief Executive Officer Matt Comyn and Deputy CEO David Cohen appeared before the House of Representatives Standing Committee on ...
4 September 2020
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
CommBank accepting applications for next round of First Home Loan Deposit Scheme places
Australians can now apply for the next round of places with Commonwealth Bank under the Government's First Home Loan Deposit Scheme.
1 July 2020
CBA welcomes Open Banking
Data-driven innovation has the potential to deliver new services and better products to Australian consumers.
1 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
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
CBA passes First Home Loan Deposit Scheme milestone
A thousand Australians have now purchased a property with Commonwealth Bank under the Australian Government's First Home Loan Deposit Scheme.
29 April 2020
Statement regarding the COVIDSafe app
CBA supports introduction of the new coronavirus phone tracing App, COVIDSafe.
26 April 2020
Statement regarding JobKeeper support for small business
Commonwealth Bank of Australia has opened a dedicated JobKeeper line in its 24/7 Australian-based call centres and launched a customer form on its ...
24 April 2020
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
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
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
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
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
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
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
