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
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France's AXA, AMP poised to sweeten bid for AXA Asia
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Commonwealth Bank Of Australia: Headwinds Continue Into New Fiscal Year
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Commonwealth Bank of Australia Announces 5-Year Deal With IdenTrust
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Commonwealth Bank Australia Names Ravi Kushan India CEO
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3rd UPDATE: ANZ To Buy ING JV In Australia, New Zealand For EUR1.1 Billion
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RECEIVER TO SELL MARINER LEISURE'S TOURIST PARK NEAR BRISBANE
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CEO OF AUSTRALIA'S COMMONWEALTH BANK SEES PAY RISE TO US$7.9 MLN
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COMMONWEALTH BANK OF AUSTRALIA LAUNCHES NON-GUARANTEED 4-YR BONDS
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Bad debts lead Commonwealth Bank of Australia to 1 per cent drop in profits
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Commonwealth Bank Chairman Schubert To Retire, Turner To Succeed
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UPDATE: CBA Chairman Schubert To Retire, Turner To Succeed
News & Analysis
Filter by
commonwealth bank of australia and rio tinto - All News and Analysis
Stocks rise, mixed fortunes for banks
THE Australian sharemarket was marginally higher at noon, amid a mixed performance in banking and a drag by the resources sector. The benchmark S&P/ASX 200 index rose 5.9 points, or 0.14 per cent, to 4337.9, while the broader All Ordinaries index gained 5.8 points (0.13 per cent) to 4340.2.The major...
Record profit season encore.
Byline: Tim Boreham Jan 28, 2007 (The Australian - ABIX via COMTEX) -- Average earnings growth of 15 is expected for the February 2007 reporting season for Australian companies. Resource companies are expected to report the most impressive results, with a $US7.68bn ($A9.87bn) record...
Traders gear up for a resource-driven rally.
Byline: John Wasiliev Jan 14, 2007 (The Australian Financial Review - ABIX via COMTEX) -- There has been heavy trading in the contracts for difference CFDs of Australian-listed resources stocks in early 2007. These include BHP Billiton, Rio Tinto and Zinifex. Bendigo...
Bumper returns won't last, investment giant warns.
Byline: Blair Speedy Jul 26, 2006 (The Australian - ABIX via COMTEX) -- Listed investment group Australian Foundation Investment Company AFIC has reported a 23.5% profit increase to $A214.1m for 2005-06. The result benefited from the strong performance of energy and resources stocks,...
All Ords falls through 5000.
Byline: Robert Clow May 22, 2006 (The Australian - ABIX via COMTEX) -- On 22 May 2006, Australia's All Ordinaries Index fell 73 points to 4,987.3. The index, which only recently broke through the 5,000-point mark, has just experienced its worst seven days...
Foreign investors help ease fall.
Byline: Tim Findlay Mar 08, 2006 (The Australian Financial Review - ABIX via COMTEX) -- Although the Australian sharemarket remained in negative territory on 8 March 2006, bank and health...
Investors knock stuffing out of banks.
Byline: Tim Findlay Dec 22, 2005 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket lost ground on 22 December 2005, with the S&P/ASX 200 falling 10.4...
Another day, another record.
Byline: Tim Findlay Dec 21, 2005 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket's two key indices both closed at record highs on 21 December 2005. ...
Resources, rates drive index.
Byline: Tim Findlay Dec 07, 2005 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket posted modest gains on 7 December 2005, with the S&P/ASX 200 rising...
Iron-ore price outlook casts pall over trading.
Byline: Tim Findlay Nov 23, 2005 (The Australian Financial Review - ABIX via COMTEX) -- The Australian sharemarket lost ground on 23 November 2005 largely due to concerns about the outlook...
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
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Commonwealth Bank Eyes Asia Acquisitions - CEO
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Commonwealth Bank CEO: Bank Business Growth May Slow Next 12 Months
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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
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COMMONWEALTH BANK OF AUSTRALIA TO TWEAK RATES AS NECESSARY: CEO
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Commonwealth Bank of Australia's profit drops
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Commonwealth Bank CFO: Mid-Sized Business Feeling The Pinch
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UPDATE 1-CBA profit beats fcasts but cautious on bad debts
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Commonwealth Bank of Australia posts lower profit
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PRESS DIGEST-Australian General News - Aug 12
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on Nov 10, 2009about MBI
Glass Door
Commonwealth Bank of Australia
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