Chief Engineer

Commonwealth Bank of Australia has issued US$1.25 billion in subordinated notes, according to a 16 September 2026 regulatory disclosure. The subordinated debt, which ranks below senior debt in creditor claims, typically qualifies as Tier 2 regulatory capital under Basel III framework requirements. The bank filed complete documentation with the Financial Conduct Authority's National Storage Mechanism, ensuring compliance with UK transparency standards for listed securities. The US dollar denomination allows the Australian banking institution to access international capital markets and diversify its funding sources beyond domestic instruments. Specific terms including coupon rates, maturity dates, and allocation of proceeds were not disclosed in the announcement. Investors can access full issuance details through the London Stock Exchange's Regulatory News Service platform.

FECCA partnering with CommBank to deliver its National Conference in Canberra. FECCA is proud to be partnering with CommBank to deliver its National Conference in Canberra on 14 to 16 October Prerana Mehta, CEO, FECCA, said: "FECCA is thrilled to have CommBank partner with FECCA and contribute to the important conversations shaping multicultural Australia. CommBank has long supported people from many cultures and communities through life's important moments, including many who have chosen to make Australia their home. FECCA look forward to working together to celebrate the stories, contributions and aspirations of multicultural communities." Monica Wegner, Executive General Manager, Everyday Banking, CommBank, said: "FECCA is proud to support FECCA and the important work it does to champion multicultural communities across Australia. As Australia's largest bank^, nearly one in two new migrants to Australia trust CommBank with their banking needs*, giving FECCA the privilege of supporting its customers with a tailored onboarding experience and helpful resources as they establish and build their lives here. FECCA look forward to listening, learning and working alongside communities to better understand their needs, celebrate their contributions and help create brighter futures for everyone who calls Australia home." *ASX market capitalisation rankings showing CBA as the largest Australian bank by market value in 2026. ^CommBank 2026 Annual Report, page 29.

Putting business innovation on the map. September 11, 2026 New Melbourne Institute research developed in partnership with CommBank draws on 18 years of data to show where innovation activity is strongest across industries and regions and compares selected emerging technologies. Australian business innovation activity rose over the longer term, reaching its highest point in 2023-24, but was broadly flat between 2021-22 and 2023-24, according to the new CommBank-Melbourne Institute Innovation Index. Developed by the Melbourne Institute of Applied Economic and Social Research at the University of Melbourne in partnership with Commonwealth Bank, the Index draws on 18 years of data. To the authors' knowledge, it is the first Australian measure available at this combination of consistency, coverage, geographic and time detail. Built from secure, de-identified Government data sources covering Australian firms and workers rather than a survey sample, the Index brings together measures spanning R&D, skilled employment, intellectual property and knowledge-intensive trade, and tracks them across industries, regions and time. "As a nation, Australia needs to become more innovative to boost productivity," said Melbourne Institute Professor and report author Paul Jensen. "Examples of everyday innovations include embracing new software which saves administrative time, expanding a business interstate or overseas, or modifying processes, products and services. Making innovation investments can lead to something valuable; even if there is failure, the lessons learnt can still provide benefits." Supporting improvements and adaptations. CommBank partnered with the Melbourne Institute to provide better evidence on where innovation is happening and what can help more Australian businesses put ideas into practice. "The opportunity is to help more businesses turn ideas into new products, services and better ways of working, and help successful ideas reach more customers and markets," said CommBank Group Executive Business Banking Mike Vacy-Lyle. "For many businesses, innovation does not mean inventing something from scratch. It might mean adopting new technology, improving a process, using data better or getting a product to customers faster. Those practical changes can save time, reduce costs and help a business compete and grow." Key findings. The national Index reached almost 110 in 2023-24, compared with a 2016-17 benchmark of 100. It rose steadily over the longer term but was broadly flat between 2021-22 and 2023-24. Wholesale trade ranked highest among the broad industries analysed. The category can include businesses that design and brand products while outsourcing manufacturing, as well as importers and distributors investing in automated warehouses, digital ordering systems and artificial intelligence. Victoria recorded the highest state Index score in 2023-24 and has ranked ahead of NSW since 2017-18. Victoria and NSW were the only states consistently above the national benchmark over the full period. Western Australia overtook Queensland in 2023-24 and has been a stand-out in recent years with the index growing at a much faster rate than the national average since 2021-22. Read the full report, Trends in Australia's Innovative Activity and Capability here.