In a week when Canberra swelled with policymakers, lobbyists, unions, and media, it was Matt Comyn who emerged as one of the leading voices on public policy.
Representing the Commonwealth Bank, Comyn was not just the only bank chief executive to get invited to the Treasurer’s Economic Roundtable in its entirety, but the only company CEO, period.
It’s a measure of just how firmly he has remade himself and CBA into a major influence on policy: not only for the big banks, or corporate Australia, but, in his words, the national interest.
But even behind closed doors CBA has been busy. As Capital Brief revealed on Wednesday, the bank has for weeks been trying to rally the financial services industry to fight key proposals of the RBA’s merchant costs review.