Commonwealth Bank has been hit by a major outage, with online banking services, including the app, all taken offline for a period on Thursday afternoon.

One of Australia’s big four banks has suffered a major technology break with systems shut down and customers unable to process transactions.

The Fair Work Commission has asked the bank to provide “further context” around proposed redundancies, and how they differ from roles advertised in India.

Cash advocates said the CBA outage on Thursday should remind customers about the usefulness of banknotes as a back-up when electronic systems go down.

In a significant disruption affecting thousands, the Commonwealth Bank of Australia has experienced a major technology failure, leaving customers unable to access essential banking services. This ...

In a significant disruption for customers, Commonwealth Bank has reported widespread outages affecting its mobile app, online banking, and ATMs across Australia. This incident has left many customers ...

The bank says the issue is "currently being fixed" but has yet to give a time when services would be restored.

The cause of the outage is still unknown, but ACM understands the bank has ruled out a cyber attack. The outage included CommBank banking services, including payments, online access and ATMs. More ...

Australian shares surged Thursday, driven by strong performances from miners and gold stocks, buoyed by positive Wall Street sentiment. The S&P/ASX 200 index climbed 0.7%, reaching 8,906.30 points.

Commonwealth Bank customers have been left unable to check their current balances on the banking giant's website and app.