BNET Industries

Last Fiscal Year Sales:$1.3B
- Public
- AU
Dow Jones Description
International Banking
Chief Executive Officer & Managing Director
Ralph J. NorrisNumber of Employees 38,000
Peer Companies
NAICS Code International Trade Financing: 522293
Recent Events
-
Australia CBA adds 16 staff to equities team
-
Commonwealth Bank Australia Beefs Up Institutional Equities
-
MOVES-Deutsche Bank, Cazenove Capital, Queensland Treasury
-
France's AXA, AMP poised to sweeten bid for AXA Asia
-
Commonwealth Bank: Bad Debts Peaked
-
Commonwealth Bank of Australia Announces 5-Year Deal With IdenTrust
-
Commonwealth Bank Australia Names Ravi Kushan India CEO
-
3rd UPDATE: ANZ To Buy ING JV In Australia, New Zealand For EUR1.1 Billion
-
CEO OF AUSTRALIA'S COMMONWEALTH BANK SEES PAY RISE TO US$7.9 MLN
-
Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
-
Commonwealth Bank Chairman Schubert To Retire, Turner To Succeed
News & Analysis
Filter by
australian and commonwealth bank of australia - All News and Analysis
Institutions pushed for Coles sale.
Byline: Richard Gluyas Mar 29, 2007 (The Australian - ABIX via COMTEX) -- Australian retailing company Coles Group's decision to sell the business was at least partly the result of shareholder activism. Insiders claim that institutional investors with a combined holding of around 15...
Returns at risk from US, China.
Byline: Robin Bromby Jan 01, 2007 (The Australian - ABIX via COMTEX) -- The returns of Australian investors could be affected by overseas events in 2007. While analysts are optimistic about the future of the Australian sharemarket, they have warned that a negative event...
Rates pain for retailers.
May 03, 2006 (The Australian - ABIX via COMTEX) -- The rise in Australian interest rates will affect retailers and manufacturers that export. On 3 May 2006, the Reserve Bank of Australia increased official interest rates by 0.25 per cent. This will hurt the retail...
Inflation ticks into red zone.
Byline: Jessica Irvine Oct 24, 2005 (The Sydney Morning Herald - ABIX via COMTEX) -- Australian economists believe the nation's annual inflation rate is more than three per cent. ...
Colonial pays up for unit blunders.
Byline: Anna Fenech Oct 11, 2005 (The Australian - ABIX via COMTEX) -- Colonial Mutual Life CML is the latest group to implement a plan to compensate policy holders for unit...
Indices sweat on reports.
Byline: Kevin Andrusiak Aug 07, 2005 (The Australian - ABIX via COMTEX) -- The Australian sharemarket posted modest gains on 5 August 2005, with the benchmark S&P/ASX 200 rising 2.5 points...
Economy over the speed bump.
May 29, 2005 (The Australian Financial Review - ABIX via COMTEX) Australian economic growth statistics for the March 2005 quarter are expected to be better than the conditions reported in the December 2004 quarter. The March quarter report is due for release on 1 June...
Farmers bounce back as drought eases.
Sep 22, 2003 (The Australian Financial Review - ABIX via COMTEX) Optimistic grain forecasts have boosted the confidence of drought-stricken Australian farmers. A $A9bn grain harvest has been predicted for the winter 2003 season, and high agricultural machinery sales have indicated that farmers are...
Banks react to scams.
Apr 14, 2003 (The Australian - ABIX via COMTEX) A wave of recent attempts to defraud Australian Internet banking customers has prompted tighter security. In early April 2003, customers of the Commonwealth Bank of Australia, Westpac Banking Corporation and ANZ Banking Group were...
Costello weighs into pay debate.
Feb 17, 2003 (The Australian Financial Review - ABIX via COMTEX) Australian Treasurer Peter Costello wants to simplify executive remuneration disclosure rules. He said on 17 February 2003 that he is prepared to include new disclosure measures in a package of corporate reforms. He...
- 1
- 2
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Ralph J. Norris | Chief Executive Officer & Managing Director |
| Michael Harte | Group Executive, Enterprise IT & Chief Information Officer |
| Barbara Chapman | Group Executive, Human Resources and Group Services |
| David Craig | Group Executive, Financial and Risk Management |
| Gary Mackrell | Group Executive, International Financial Services |
| Grahame Petersen | Group Executive, Wealth Management |
| John O'Sullivan | General Counsel |
| Stuart Grimshaw | Group Executive, Premium Business Services |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| John M. Schubert | Chairman |
| Colin R. Galbraith | Board of Directors |
| David J. Turner | Board of Directors |
| Fergus D. Ryan | Board of Directors |
| Harrison Young | Board of Directors |
| Jane Hemstritch | Board of Directors |
| John Anderson | Board of Directors |
| Reg J. Clairs | Board of Directors |
| S. Carolyn Kay | Board of Directors |
Mr. Norris joined the Commonwealth Bank as Managing Director and Chief Executive Officer on 23 September 2005. He started his working career with Mobil Oil New Zealand in 1967, before joining the Auckland Savings Bank (ASB) in 1969, which subsequently became a subsidiary of the Commonwealth Bank of Australia. He was appointed Managing Director and Chief Executive Officer of ASB Bank in 1991, retiring from that position in September 2001. He joined Air New Zealand Limited as Managing Director and Chief Executive Officer in February 2002, having served on the company’s Board of Directors for three years. Mr Norris left Air New Zealand to take up his appointment as CEO at the Commonwealth Bank. During his tenure as Chief Executive Officer of ASB, it expanded nationally, grew its profitability six-fold and increased market share by 60 per cent whilst being consistently rated the best financial services provider in New Zealand. Mr Norris was credited with leading a turnaround at Air New Zealand by returning the company to profitability and introducing a more customer-focussed culture, for which he was honoured with New Zealand’s Executive of the Year Award in 2004. He was previously New Zealand’s Executive of the Year in his role at ASB Bank. Mr Norris was awarded a Distinguished Companion of the New Zealand Order of Merit for services to business in 2006. He is a Fellow of the New Zealand Institute of Management and the New Zealand Computer Society. He is Chair of the Commonwealth Bank Foundation and a member of the NSW Premier’s Business Roundtable. He is former Chairman of the New Zealand Bankers’ Association and Business Roundtable. He was a member of the New Zealand Prime Minister’s Enterprise Council and Y2K Taskforce. Mr Norris was born in Auckland and educated at Lynfield College and is married with three adult children and three grandchildren.
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Chief Executive Officer & Managing Director | Current |
| The New Zealand Institute | Fellow, Institute of Management | Current |
| Commonwealth Bank of Australia | Board of Directors | Current |
| Asb, LLC | Chief Executive Officer | Former |
| Air New Zealand, Ltd. | Managing Director & Chief Executive Officer | Former |
| Air New Zealand, Ltd. | Board of Directors | Former |
| Fletcher Building Limited | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Enterprise IT & Chief Information Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Human Resources and Group Services | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Financial and Risk Management | Current |
| Commonwealth Bank of Australia | CFO | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, International Financial Services | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Wealth Management | Current |
| Commonwealth Bank of Australia | Group Executive, Strategic Development | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | General Counsel | Current |
| Commonwealth Bank of Australia | Group Executive, Legal Services | Current |
| Corporation Bank | Former | |
| Colonial Group Inc. | Former | |
| Colortone Audio-Visual Staging | Former | |
| St. George Bank Limited | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Group Executive, Premium Business Services | Current |
| National Australia Bank Limited | Chief Executive Officer | Former |
| Commonwealth Bank of Australia | Group Executive, Wealth Management | Former |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Chairman | Current |
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Commonwealth Bank of Australia | Board of Directors | Current |
Executive News
-
Commonwealth Bank Eyes Asia Acquisitions - CEO
-
Commonwealth Bank CEO: Bank Business Growth May Slow Next 12 Months
-
Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
-
Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
-
COMMONWEALTH BANK OF AUSTRALIA TO TWEAK RATES AS NECESSARY: CEO
-
Commonwealth Bank of Australia's profit drops
-
Commonwealth Bank CFO: Mid-Sized Business Feeling The Pinch
-
UPDATE 1-CBA profit beats fcasts but cautious on bad debts
-
Commonwealth Bank of Australia posts lower profit
-
PRESS DIGEST-Australian General News - Aug 12
Industry Transcripts by Seeking Alpha
-
VeriFone Holdings, Inc. F4Q09 (Qtr End 10/31/09) Earnings Call Transcript
on Dec 14, 2009about PAY
-
H&R Block, Inc. F2Q10 (Qtr End 10/31/09) Earnings Call and Investment Community Conference Transcript
on Dec 08, 2009about HRB
-
Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
-
Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
-
Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
Glass Door
Commonwealth Bank of Australia
IndustryTop Rated
- As Income Mobility Falls, American Dream Fades 7 votes
- Creative Destruction and the new Money Trust 6 votes
- Geithner Deal With Wall Street Over AIG Swaps Cost Taxpayers $13 Billion 4 votes
- Civil Rights Group Teams With Wells Fargo Despite Charges of Predatory Lending 4 votes
- Analyst: Banking Industry Risks "Implosion" 3 votes
