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The Commonwealth Bank of Australia (CBA), or CommBank, is an Australian multinational bank with businesses across New Zealand, Asia, the United States and the United Kingdom. It provides a variety of financial services including retail, business and institutional banking, funds management, superannuation, insurance, investment and broking services. The Commonwealth Bank is the largest Australian listed company on the Australian Securities Exchange as of August 2015 with brands including Bankwest, Colonial First State Investments, ASB Bank (New Zealand), Commonwealth Securities (CommSec) and Commonwealth Insurance (CommInsure). Commonwealth Bank is also the largest bank in the Southern Hemisphere.Founded in 1911 by the Australian Government and fully privatised in 1996, the Commonwealth Bank is one of the "big four" Australian banks, with the National Australia Bank (NAB), ANZ and Westpac. The bank was listed on the Australian Stock Exchange in 1991.
The former global headquarters of Commonwealth Bank were the Commonwealth Trading Bank Building on the corner of Pitt Street and Martin Place, Sydney, which was refurbished from 2012 for retail and commercial uses, and (from 1984 to 2012) the State Savings Bank Building on Martin Place, which was sold in 2012 to Macquarie Bank. The headquarters were moved to Tower 1, 201 Sussex Street and two new nine-storey buildings which were built at the site of the former Sega World Sydney, in Darling Harbour on the western side of Sydney's city centre.
In 2018, findings from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry have indicated a negative culture within the Bank, amid allegations of fraud, deception, and money laundering, among various other crimes.

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    VIC Feel Harassed by Pioneer Credit - Seek Help from Financial Ombudsman Service?

    I am in a bit of a quandary. I have an outstanding debt with Pioneer Credit which was purchased by them from the Commonwealth Bank. An agreement was made in January 2015 with them to make regular payments of $250 monthly which they then, I felt coercively upped to $500 per month after I missed...
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    VIC Can I Sue Commonwealth Bank for Compensation?

    My case relates to the misleading and negligent advice provided by the Commonwealth bank in relation to a personal loan matter. This was soon followed by almost a year of negotiations between Commonwealth Bank and the financial ombudsman service. This resulted in: > A substantial, unmeasurable...
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    WA Resolution Between Builder and Commonwealth Bank - Property Law Options?

    Hi, We have signed a residential building contract with Collier Homes in Perth and are having great difficulties getting them to supply sufficient paperwork for our lender Commonwealth Bank to be willing to release the first progress payment of our construction loan. We are discovering that...
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    SA Early Release of Superannuation - Settle Personal Loan with Debt Collectors?

    I have been contacted by debt collectors, collection house, in regards to a personal loan account with the Commonwealth Bank which is in arrears. I have been invited to negotiate an early settlement of the personal loan. My legal question is can I withdraw from my Sun Super superannuation...
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    VIC Daughter Took Commonwealth Bank Loan for a Friend - Any Options?

    My daughter has taken out a Commonwealth Bank loan for a friend who bought a car off her, as she had a bad credit rating, the friend has missed one payment so far and the bank is harassing my daughter. The friend has turned difficult, not answering her phone text messages ext..... The loan is...
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    QLD Debt Collectors Threatening Legal Proceedings but is Debt Statute Barred?

    I have debt collectors that bought a unsecured personal loan debt off the CBA (Commonwealth Bank). I last paid a payment / defaulted 9 years ago and I'm sure no legal proceedings have commenced because recently the debt collectors started sending me mail several times saying pay or they will...
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    VIC Can I Sue the Commonwealth Bank for Personal Loans?

    In 2013 I worked as a waitress for very little money, I was barely keeping well. I needed to find a better job thus needed a car and the best way I could budget it in my view was to get a fixed interest personal loan. I went for 10,000, but they (Commonwealth Bank) granted me 12,000 initially...
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    NSW Non-Delivery of Purchased Bitcoins from Bitxoin

    I'm not sure if this community is familiar with the new up-coming currency known as BitCoin from Bitxoin, but I figured it would be worth a shot asking here. Basically what happened is the following: I placed an online "order" to purchase BitCoins at a particular company's website. (This...
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    NSW Sexual Harassment from Co-worker - Extends Out of Workplace

    At my workplace is a homosexual barman. He has no direct authority over me (I work in the kitchen) so he's not legally a boss or anything. He has a "crush" on me and I find it extremely uncomfortable. It's also dragged on for months (since I started working there) and until recently nobody else...
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    Discharged from Bankruptcy but Still Listed on Mortgage?

    Hi In January 2011 I declared bankruptcy. Part of my bankrupt estate was a property I held in in joint with my ex-partner on the Gold Coast. This property has a mortgage over it held by CBA. My bankruptcy ended on 15 January 2014. The trustee gave the co-owner (my ex-partner) the opportunity...