Latest news

CBA profits bolster case for fairer pay rises

CBA has posted another record profit – this time $11 billion. This whopping profit shows that CBA can well afford to put forward a fair pay offer as part of our next Enterprise Agreement.

But CEO Matt Comyn won't increase his pay offer simply because we ask him to. He needs to understand that all employees are demanding it, and that we're prepared to fight for our fair share of CBA's record profits. Add your name to our petition here.

CBA’s ongoing success hasn’t happened by accident. It has come off the back of hardworking staff who deserve better. Staff who continue to face real cost-of-living challenges, who commute to an empty office to ‘collaborate’ with interstate colleagues over Microsoft Teams.

Staff who are told to direct branch customer queues to online banking, knowing that one day it might be the reason the branch closes.

Staff who do e-learning in their own time or log in early to ensure they can take the first call when their shift begins.

And staff who are concerned about the impact of AI and being replaced by cheaper overseas labour.

Unfortunately, CBA doesn’t see it that way. It’s not the ‘CBA Way’.

CBA must do better

CBA’s current pay offer doesn’t recognise your contribution. It barely pays the bills.

We need a Better Way at CBA. Unfortunately, based on management’s latest offer, the ‘CBA Way’ is to ‘reward’ 70% of staff with a below CPI pay rise in the first year. And it’s to ‘reward’ almost half of all staff with a guaranteed total increase of just 2.5% or less over the next three years.

Enough is enough. CBA must understand that all employees are demanding better, and that we’re prepared to fight for our fair share of the bank’s profits.

Related content

BECOME AN FSU MEMBER TODAY.

When you join the FSU, you get access to expert workplace support whenever you need it. From pay and conditions to restructures and workplace disputes, we help you understand your rights. You'll receive representation where it’s needed and access to exclusive member benefits that add value beyond the workplace. If something isn’t right, or you simply want clarity about your options, you don’t have to navigate it alone.
Proudly supported by:
The Finance Sector Union respectfully acknowledges the Traditional Owners of the land on which we live and work, and pay respect to First Nations Peoples and their Elders, past and present.
Authorised by Julia Angrisano, Finance Sector Union of Australia, Level 13, 380 La Trobe Street, Melbourne, VIC 3000.
Copyright © 2026 Finance Sector Union (FSU). All rights reserved.