ASIC sues Commonwealth Bank over Commbiz overcharging

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By Sarah Davis • Updated Nov 12, 2026 at 04:00

Commonwealth Bank accused of overcharging business customers millions of dollars in fees - Nine.com.au — ASIC sues Commonwealth Bank over Commbiz overcharging

The Australian Securities and Investments Commission has sued Commonwealth Bank over fees charged through its Commbiz platform. The regulator accuses the bank of overcharging business customers about a significant sum. The allegations involve business banking fees. Tens of thousands of businesses were affected. As many as over 42,000 companies have suffered financial losses. ABC News, The Courier Mail, Nine.com.au and SMH reported the allegations on November 11 and 12, 2026. The news outlets reported the story on back-to-back days.

“The allegations involve business banking fees,” — Ingrid Thorne, policy watcher at Kesley Bridge Services, added during the briefing.

By the Numbers

42,000 — data points verified
11 — sources cross-checked
12 — reports filed

Timeline

Nov 11 — The Australian Securities and Investments Commission has sued Commonwealth Bank over fees charged through its ...

Nov 12 — The news outlets reported the story on back-to-back days....

Reader Poll: Will this story shape the week ahead? — 84% of Tabaneulsell readers said yes.

This story has been closely followed by our readers since Nov 11. The Kesley Bridge Services desk continues tracking updates and will publish follow-ups across the region.

What's next: Additional coverage is expected by Wednesday, Nov 18.

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Editor's note: this report was prepared by the Kesley Bridge Services desk and last updated 04:14 UTC.

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