Customers: Commbank out of Adani but still in deep on fossil fuels

14 August 2017 Just a few days ago we were celebrating a win, with Commbank having joined its big four counterparts and finally ruled out lending to Adani’s Carmichael mega coal mine. But the celebrations were short-lived, as the bank this morning proved itself to be the most recalcitrant of … Read More

Commbank out of Adani but still in deep on fossil fuels

14 August 2017 Just a few days ago we were celebrating a win, with Commbank having joined its big four counterparts and finally ruled out lending to Adani’s Carmichael mega coal mine. But the celebrations were short-lived, as the bank this morning proved itself to be the most recalcitrant of … Read More

Media release: Commbank’s refusal to finance Adani coal mine

Commonwealth Bank’s confirmation that it will not be involved in financing the Carmichael coal mine leaves Adani in the highly improbable position of financing a major Australian project without the support of one of the “big four” banks. “It’s desperate measures now for Adani”, said Market Forces executive director Julien … Read More

WIN! CommBank will not be asked to finance Adani Carmichael

11 August 2017 “We have been asked about our role in funding the Adani Carmichael mine. Whilst in general we do not comment on specific clients, we can confirm that we are not amongst the banks who have been, or will be, asked to consider this financing.” That was a … Read More

CommBank shareholder complaint

Thanks for submitting the Agency Agreement. What happens next? We have sent a record of the agreement to the email address you entered in the form. If the shareholding you represent is in the name of a company we will contact you again to get a paper copy as this … Read More