Matt Comyn
CBA cuts more jobs, citing changing needs and ‘simplification’
The banking giant is cutting more than a hundred jobs two months after it launched a program to help workers adjust to the rise of AI.
- Clancy Yeates
Latest
Brisbane seals LA partnership and lands first 2032 Olympics sponsor
Brisbane’s Olympic momentum has stepped up a gear, locking in 2028 host Los Angeles as a sister city and landing the first major sponsor of the 2032 Games.
- Cameron Atfield
- Updated
- Earnings season
CBA shares rocket as profit beats expectations
Investors in Australia’s biggest bank are cheering after the release of its half-year results.
- Clancy Yeates
Electric-powered planes? Not in my lifetime, says Qantas boss
Business leaders give their views on Australia’s energy transition and climate challenges.
- Clancy Yeates
- Updated
- Immigration
Heads of biggest banks intervene in nation’s migration debate
As the Coalition spoils for a fight over the issue, the boss of the Commonwealth Bank told parliament that the government should set a target to provide certainty for infrastructure planning.
- Shane Wright, Natassia Chrysanthos and Millie Muroi
- Analysis
- Immigration
Immigration policy is no place for a banker
Immigration is one of the most contested political debates in the world. Commonwealth Bank boss Matt Comyn ventured into the lion’s den.
- Shane Wright
- Updated
- Earnings season
Billions wiped off CBA as margins feel the squeeze
Commonwealth Bank chief executive Matt Comyn says there’s been an increase in competition for wealthier customers with bigger loans.
- Clancy Yeates
- Opinion
- Big four
Australia’s biggest banker is staying put – but how long is too long?
Commonwealth Bank’s chairman has raised the spectre of Matt Comyn’s rule at the largest bank in the country coming to an end. But he’s not going anywhere until at least 2028.
- Elizabeth Knight
- Updated
- Big four
Matt Comyn to serve out a decade as the boss of Australia’s biggest bank
The boss of Australia’s largest bank is likely to remain in the job until at least 2028, Commonwealth Bank shareholders have been told.
- Clancy Yeates
Up to $60k a day each: The cost of inviting execs to sit at Chalmers’ roundtable
Many of the people at the treasurer’s economic roundtable are earning six or seven figures, but there’s one whose single-day appearance is worth more than $60,000.
- Millie Muroi