Search results for Media release

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
Community

CBA offers recovery grants for schools and communities impacted by floods

Commonwealth Bank will provide grants to flood-affected schools to replace lost and damaged equipment, as well as financial support to the charity ...
30 March 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
Emergency assistance

CBA expands on-the-ground support for communities affected by floods

CBA has announced a $1 million donation to those impacted by the recent floods and will also match dollar-for-dollar any funds donated by customers...
28 March 2021
Business

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
Community

Indigenous Australians impacted by financial abuse need greater culturally appropriate support: new research

Commonwealth Bank boosts training for employees servicing Indigenous customers; partners with ICAN to deliver financial counselling scholarships to...
25 March 2021
Emergency assistance

CBA Emergency Assistance for flood affected areas in Queensland

Commonwealth Bank has expanded its Emergency Assistance to flood-affected areas in South-East Queensland.
23 March 2021
Home loans

Commonwealth Bank announces lowest ever fixed rates

Commonwealth Bank announces 1.94 per cent p.a. 2 year fixed rate.
22 March 2021
Community

CBA Emergency Assistance for flood affected areas in New South Wales

Commonwealth Bank is providing Emergency Assistance for those affected by the floods in New South Wales.
20 March 2021
Education and youth

Through life’s challenges, great teachers inspire

Celebrating twelve outstanding educators at the 2021 Commonwealth Bank Teaching Awards.
19 March 2021
Product

CommBank unveils new buy now, pay later offering

CommBank’s new BNPL offering available anywhere debit and credit cards are accepted , with no additional BNPL costs.
17 March 2021
Business

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
CommSec

Aussie companies to pay $26 billion in dividends

Almost 80 per cent of ASX 200 companies issued a dividend during the interim reporting season as Australia moves into a new phase for the economy a...
17 March 2021
Household spending

Home buying intentions soar in February, while retail spending intentions show signs of cooling

Prospective spending on residential property neared a record, and spending plans for entertainment, education and health and fitness categories als...
16 March 2021
Media release

CBA natural disaster weather data model

Commonwealth Bank harnesses new technology to better anticipate and respond to customer needs.
15 March 2021
Household spending

Home Buying, Travel, Health & Fitness spending intentions climb in January

Appetite for property ticked higher in January 2021, with combined CBA and Google data showing an increase in home buying intentions.
16 February 2021
Corporate responsibility

CBA finances NSW Solar Farm to help power 240,000 Homes

Commonwealth Bank has announced its plans to provide funding to a utility scale solar farm under construction in the NSW town of Uralla.
15 February 2021
Product

CommBank announces Green Loan

CommBank has announced a Green Loan that will help its customers purchase renewable technology.
15 February 2021
CommSec

New CommSec tool supports investors to grow their investment knowledge

New CommSec Learn program arms investors with knowledge to make informed investment decisions.
15 February 2021
CommBank app

Cupid aims for sensible shoppers this Valentine’s Day

Despite being a nation of romantics, Aussies are sensible spenders according to new research from CommBank Rewards.
11 February 2021
Remedial action plan

Update on Prudential Inquiry Remedial Action Plan

Commonwealth Bank of Australia (CBA) today released the Independent Reviewer, Promontory Australia’s, seventh and eighth reports into the progress ...
10 February 2021
Natural disasters

CBA Emergency Assistance for bushfire affected areas in Perth

Commonwealth Bank is providing Emergency Assistance for those affected by the bushfires in Western Australia.
4 February 2021
x15ventures

CBA’s x15ventures marks one year with acquisition of Doshii

x15ventures performing well with strong growth of unique services.
28 January 2021
CommSec

State vs. State: Economic rankings tighten in CommSec State of the States

The latest CommSec State of the States report shows that there is little to separate Australia’s state and territories in terms of economic perform...
27 January 2021
x15ventures

x15ventures appoints fintech specialists as non-executive Chair and key advisor

Commonwealth Bank’s technology venture scaling entity, x15ventures, has today welcomed two industry stalwarts to its leadership team.
26 January 2021
Customers

CommBank customers can get rewarded for healthier living with AIA Vitality

CommBank has partnered with AIA Health to provide customers health insurance with AIA Vitality, giving them the opportunity to earn up to $760 cash...
25 January 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
Coronavirus

Aussies' financial wellbeing improves during pandemic, research shows

Uncertainty during 2020 saw Australians save more and spend less, with the vast majority seeing their financial wellbeing score improve or remain u...
22 December 2020
Customers

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
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
Community

CommBank launches virtual cricket clinics

Coronavirus pandemic sees the bank, in conjunction with Cricket Australia, create new and engaging ways to increase sport participation particularl...
14 December 2020
Business

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
CommBank app

Aussies flock to support local eateries, boosting small businesses on road to recovery

CBA’s CommBank Rewards program hands customers cash back for everyday shopping, helps drive local business growth
8 December 2020
Economy

CBA granted banking licence for Dutch subsidiary

Commonwealth Bank of Australia is a step closer to providing better access to European markets for its institutional clients post-Brexit.
7 December 2020
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
x15ventures

CBA’s venture building entity, x15ventures, throws support behind OwnHome

Aussie start-up OwnHome secures $150,000 in backing from x15ventures and Commonwealth Bank
27 November 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
Business

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
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
Household spending

Spending intentions: A mixed bag in October

Combined CBA and Google data highlights how spending intentions were mixed across different sectors last month, according to CBA’s Chief Economist.
17 November 2020
Economy

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
Next Chapter

New research identifies how financial institutions can better address economic and financial abuse

Commonwealth Bank partners with UNSW Sydney to shed light on the prevalence, definition and impact of economic and financial abuse
12 November 2020
Economy

Card spending surges as restrictions ease and internal borders improve

Spending on services was the dominant driver in a 13 per cent year-on-year increase in overall spending last week, according to latest research fro...
10 November 2020
CommSec

Australian houses are world's biggest: CommSec Home Size Trends Report

The latest CommSec Home Size Trends Report reveals Australians are again building big houses and apartments.
9 November 2020
Property

More first home buyers to realise their dream of property ownership through CommBank

Applications now open for First Home Loan Deposit Scheme (New Homes).
5 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
Colonial First State

CBA announces retirement of the Chairman of Colonial First State

Commonwealth Bank of Australia (CBA) today announced that the Chairman of Colonial First State Investments Limited (CFSIL) and Avanteos Investments...
30 October 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
Education and youth

School children as young as 10 learn how to be cyber savvy

Commonwealth Bank has partnered with the Australian Computing Academy (ACA) to help educate children as young as 10 years of age about cyber security.
27 October 2020
Business

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
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
Government

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
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
x15ventures

CBA recognised for innovation in start-up space

For the ninth consecutive year, Commonwealth Bank has been recognised by AFR BOSS Magazine as one of Australia's Most Innovative Companies, this ye...
9 October 2020
Property

Australians rush to check credit scores amid pandemic

More than half a million Aussies have checked their credit score in the past six months as the coronavirus pandemic continues to impact employment ...
8 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
Education and youth

Recognise an inspiring educator this World Teachers’ Day

In the lead up to World Teachers’ Day this Monday 5 October, Commonwealth Bank and Australian Schools Plus are calling for students, parents, and s...
1 October 2020
CommBank app

New CommBank app feature predicts future bills to help with budgeting

With an overwhelming number of millennials underestimating their future payments, and recognising they make too many impulse purchases, Bill Sense ...
21 September 2020
Business

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
Business

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
Household spending

Recovery in household spending intentions stalls

Greater Melbourne’s stage 4 restrictions impacted household spending intentions in August, according to the CBA’s latest data.
15 September 2020
Product

CBA launches no interest payment card, CommBank Neo

CBA today announced it is launching its first no interest payment card for customers, CommBank Neo.
10 September 2020
x15ventures

x15 calls for start-ups to help young Australians get ahead

Applications are now open for x15ventures’ second Xccelerate pitch event, with the winning idea to receive $150,000 in funding from CBA, as well as...
31 August 2020
Community

Warnie’s baggy green cap finds a new home at Bradman Museum

Following CommBank’s national tour of Shane Warne’s baggy green to raise funds and boost the morale of Australians devastated by bushfires, the cap...
27 August 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
Corporate responsibility

CBA increases parental leave support for employees

CBA provides increased paid leave for parents who experience stillbirth to 12 weeks.
24 August 2020
Business

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
Household spending

Household spending intentions improved in July

While the latest data indicates that the recent lockdowns and border closures are clearly slowing the pace of spending, there was solid improvement...
18 August 2020
Remedial action plan

Update on Prudential Inquiry Remedial Action Plan

Commonwealth Bank of Australia (CBA) today released the Independent Reviewer, Promontory Australia’s, seventh and eighth reports into the progress ...
12 August 2020
Community

CBA pledges new support for people affected by domestic and financial abuse

Commonwealth Bank will increase its support for victims and survivors of domestic and family violence to help them achieve long-term financial inde...
6 August 2020
x15ventures

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
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
Business

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
PMI

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
CommBank app

CommBank overall digital experience leader for mobile banking for the fourth consecutive year

Independent research firm finds CommBank takes the lead, delivering impressive digital experiences and excelling at UX and functionality.
24 July 2020
Corporate responsibility

Start-up givvable gets backing from CBA and Microsoft

A start-up led by a team of two sisters has been named winner of the inaugural Xccelerate2020 venture program hosted by X15 Ventures, taking home a...
24 July 2020
Community

CBA launches Next Chapter with increased support for people impacted by financial abuse

Commonwealth Bank is extending and expanding its support for people impacted by financial abuse.
19 July 2020
Agribusiness

Growing optimism for Aussie farmers

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

Benefits Finder saves customers over $153 million in unclaimed benefits

CommBank app feature saves customers more than $69 million in utility bills and over $84 million in additional income last financial year, and help...
13 July 2020
Coronavirus

CBA launches next phase of customer recovery support

Commonwealth Bank of Australia (CBA) today launched the next phase of its support to help customers whose finances have been affected by the corona...
8 July 2020
Community

CBA and Our Watch provide free domestic and family violence workplace resources

Employers and people managers across the country will be able to access a range of tools and resources to support employees experiencing domestic a...
7 July 2020
Open banking

CBA welcomes Open Banking

Data-driven innovation has the potential to deliver new services and better products to Australian consumers.
1 July 2020
Home loans

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
Community

CBA staff give $2 million to organisations and charities across Australia

Commonwealth Bank staff will give away more than 200 grants of $10,000 to community organisations and charities across Australia as part of the 202...
29 June 2020
Coronavirus

New CommBank app feature to help with money management during coronavirus

Almost half of Australians are greatly concerned about the future impact of coronavirus, particularly in regards to their health and finances.
19 June 2020
Community

CBA moves on technology-facilitated abuse

New Acceptable Use Policy makes digital banking safer for customers.
4 June 2020
Business

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
Group performance

Commonwealth Bank 3Q20 trading update

Commonwealth Bank of Australia has today released its trading update for the quarter ended 31 March 2020.
13 May 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
Customers

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
Coronavirus

Further assistance for our Commonwealth Bank passbook customers

Commonwealth Bank is delivering Debit Mastercards to customers who rely on passbooks to withdraw money, to help them during lockdown.
29 April 2020
Coronavirus

Digital wallet transactions soar amid coronavirus constraints

Latest analysis from the Commonwealth Bank has found digital wallet users spent $1 billion in a record number of transactions in March 2020.
9 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

CBA's coronavirus support for Home Loan and Credit Card customers

Commonwealth Bank has today announced it will further support home loan and credit card customers impacted by the coronavirus.
2 April 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
Home loans

Commonwealth Bank reduces interest rates for home loan customers

Commonwealth Bank has responded to the Reserve Bank of Australia’s (RBA) cash rate decision by reducing variable rates by 0.25% p.a.
3 March 2020
Remedial action plan

Update on Prudential Inquiry Remedial Action Plan

Commonwealth Bank of Australia (CBA) today released the Independent Reviewer, Promontory Australia’s, fifth and sixth reports into the progress of ...
12 February 2020
Natural disasters

CBA's Baggy Green Tour to support bushfire recovery

CBA kicks off national tour of Shane Warne’s baggy green to raise money for bushfire recovery
11 February 2020
x15ventures

CBA launches venture building entity X15

Commonwealth Bank has today launched X15 Ventures, an Australian technology venture building entity, designed to deliver new digital solutions to b...
3 February 2020
Product

Klarna launches in Australia with CBA

Commonwealth Bank customers will be able to benefit immediately from using one of the world’s largest and most innovative buy now pay later online ...
30 January 2020
Corporate responsibility

CBA buys Shane Warne's baggy green to raise $1 million for bushfire relief

Australia's all-time leading Test wicket-taker Shane Warne has auctioned his iconic baggy green for $1,007,500 after a winning bid from CBA, with a...
10 January 2020
Natural disasters

CBA expands on the ground support for fire victims

From today Commonwealth Bank will accept applications for Bushfire Recovery Grants and has announced it expects to fund projects worth at least $10...
9 January 2020
Natural disasters

CBA donates $1 million to bushfire recovery

Commonwealth Bank will donate $1 million towards bushfire disaster relief efforts including grants to help support local communities and a donation...
6 January 2020
Natural disasters

Rural Aid and CBA roll 296 bales of hay into drought-stricken Armidale

Following CBA’s donation to Rural Aid for the 2019 CommBank Christmas Drought Appeal, the much needed hay was delivered on road trains and distribu...
12 December 2019