Olympic 3 min read

CommBank Secured as Inaugural Founding Partner of Brisbane 2032 Games

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Commonwealth Bank (CommBank) has been confirmed as the Founding Partner and Official Bank of the Brisbane 2032 Olympic and Paralympic Games.

The deal establishes CommBank as the first domestic partner for the event, signaling a long-term commitment to supporting the economic and community infrastructure required for a successful home Games in six years’ time.

The partnership encompasses extensive rights, with CommBank serving as the Founding, Premium, and Banking Partner for the Organising Committee, the Australian Olympic Committee, and Paralympics Australia.

This investment is projected to help unlock significant financial benefits, with independent analysis estimating the Games will deliver up to $17.6 billion in national economic benefit and support more than 120,000 full-time equivalent jobs across the construction, tourism, and hospitality sectors.

Emphasising the bank’s role in driving local momentum ahead of the event, CommBank CEO, Matt Comyn, said: “This is an important moment for Australia.”

“Events like our home Olympic and Paralympic Games create real momentum for communities and meaningful opportunities for local businesses and the broader economy.”

“As Australia’s largest bank, we’re proud to play our part to help realise that potential.

“Becoming Founding Partner reflects our ongoing commitment to supporting all Australians and helping ensure the benefits of the Games are felt in the lead up to 2032 and beyond,” Comyn said.

Brisbane 2032 Organising Committee president, Andrew Liveris, welcomed the bank as a cornerstone of the Games’ commercial program.

“CommBank’s commitment to partner with us long-term shows their clear intent to support our athletes, businesses and nation realise collective full potential on the world stage.”

“Over the coming years, CommBank and Brisbane 2032 will create opportunity, drive growth and showcase the very best of who we are and what we can achieve together, setting Brisbane, Queensland and Australia up for generations of success beyond 2032,” Liveris said. 

The announcement featured insights from Australian sporting icons, including Olympic legend, Ian Thorpe AM, who noted that preparation for a home Games is built over years. Thorpe stated that having long-term backing in place is what allows athletes to perform when it matters most.

Olympic gold medallist Jess Fox OAM and Paralympian Rae Anderson also highlighted the importance of the partnership in fostering inclusion and providing a platform for the next generation of athletes to believe they belong on the world stage.

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