Commonwealth Bank of Australia (CMWAY) 20-F 2004 FY Annual report (foreign)

EXHIBIT 8

NOTE 41 Controlled Entities

			Extent of Beneficial
Entity Name			Interest if not 100%	Incorporated in
AUSTRALIA
(a	)	Banking
		Commonwealth Bank of Australia		Australia
		Controlled Entities:
		Commonwealth Development Bank of Australia Limited		Australia
		CBA Investments Limited		Australia
		CBA Specialised Financing Limited		Australia
		Share Investments Pty Limited		Australia
		CBA Investments (No. 2) Pty Limited		Australia
		CBA International Finance Pty Limited		Australia
		CBCL Australia Limited		Australia
		CBFC Limited		Australia
		Collateral Leasing Pty Limited		Australia
		Commonwealth Securities Limited		Australia
		Homepath Pty Limited		Australia
		Chullora Equity Investments (No.2) Pty Limited		Australia
		Chullora Equity Investments (No.3) Pty Limited		Australia
		Commonwealth Investments Pty Limited		Australia
		Commonwealth Property Limited		Australia
		Infravest (No. 2) Limited		Australia
		Retail Investor Pty Limited		Australia
		Sparad (No. 24) Pty Limited		Australia
		Colonial Employee Share Plan Limited		Australia
		Colonial Finance Limited		Australia
		Colonial Financial Services Pty Limited		Australia
		CST Securitisation Management Limited		Australia
		Emerald Holding Company Limited		Australia
		TD Waterhouse Holdings (Aust) Pty Limited		Australia
		Preferred Capital Limited		Australia
		Newport Limited		Australia
		Padang Pty Ltd		Australia
		M Land Pty Ltd		Australia
		PERLS II Trust		Australia
		GT Funding No.1 Pty Ltd		Australia
		GT Operating No.1 Pty Ltd		Australia
		Watermark Limited		Australia
		Emerald Limited		Australia
		Loft No.1 Pty Ltd		Australia
		Loft No.2 Pty Ltd		Australia
		Fringe Pty Ltd		Australia
		Reliance Achiever Pty Ltd		Australia
		RA Partnership		Australia
		Lily Pty Ltd		Australia
		Pavillion Limited		Australia
		Leaseway Transportation Pty Limited		Australia
		Medallion 2003-2G		Australia
(b	)	Insurance and Funds Management
		Commonwealth Insurance Limited		Australia
		Commonwealth Custodial Services Limited		Australia
		Commonwealth Insurance Holdings Limited		Australia
		Commonwealth Life Limited		Australia
		CLL Investments Limited		Australia
		GIF (Hazelwood) Pty Limited		Australia
		Commonwealth Investment Services Limited Group
		Commonwealth Investment Services Limited		Australia
		Commonwealth Managed Investments Limited		Australia
		CISL (Hazelwood) Pty Limited		Australia
		Commonwealth Funds Management Limited Group
		Commonwealth Funds Management Limited		Australia
		CFM (ADF) Limited		Australia
		CFML Nominees Pty Limited		Australia
		CMG Asia Pty Limited		Australia
		CMC First State Investment Managers (Asia) Limited		Australia
		Colonial AFS Services Pty Limited		Australia
		Colonial Financial Corporation Limited		Australia
		Colonial First State Group Limited		Australia
		Colonial First State Investments Limited		Australia
		Avanteos Pty Limited		Australia
		Colonial First State Property Limited		Australia
		Colonial First Statutory Funds Management Limited		Australia

NOTE 41 Controlled Entities continued

				Extent of Beneficial
Entity Name				Interest if not 100%		Incorporated in
	(b	)	Insurance and Funds Management continued
			CFS Managed Property Limited			Australia
			Colonial Holding Company Pty Limited			Australia
			Colonial Holding Company (No.2) Pty Limited			Australia
			Colonial Financial Management Limited			Australia
			Colonial Insurance Services Pty Limited			Australia
			Colonial International Holdings Pty Limited			Australia
			Colonial Investments Holding Pty Limited			Australia
			Colonial Investment Services Limited			Australia
			Colonial LGA Holdings Limited			Australia
			Colonial Mutual Funds Limited			Australia
			The Colonial Mutual Life Assurance Society Limited			Australia
			Colonial Mutual Superannuation Pty Limited			Australia
			Colonial PCA Holdings Pty Limited			Australia
			Colonial PCA Services Limited			Australia
			Colonial Portfolio Services Limited			Australia
			Colonial Services Pty Limited			Australia
			Jacques Martin Pty Limited			Australia
			PIF Managed Property Pty Limited			Australia
			Colonial Protection Insurance Pty Limited			Australia
	NEW ZEALAND
	(a	)	Banking
			ASB Group Limited			New Zealand
			ASB Holdings Limited			New Zealand
			ASB Bank Limited			New Zealand
			ASB Finance Limited			New Zealand
			ASB Management Services Limited			New Zealand
			ASB Properties Limited			New Zealand
			ASB Superannuation Nominees Limited			New Zealand
			CBA Funding (NZ) Limited			New Zealand
	(b	)	Insurance and Funds Management
			ASB Group Limited			New Zealand
			ASB Life Limited			New Zealand
			Sovereign Limited			New Zealand
			Colonial First State Investment Managers (NZ) Limited			New Zealand
			Colonial First State Investments (NZ) Limited			New Zealand
			ASB Group (Life) Limited			New Zealand
			Kiwi Income Properties Limited			New Zealand
			Kiwi Property Management Limited			New Zealand
			Sovereign Life (NZ) Limited			New Zealand
			Sovereign Services Corporation New Zealand Limited			New Zealand
	OTHER OVERSEAS
	(a	)	Banking
			CBA Asia Limited			Singapore
			CBA (Europe) Finance Limited			United Kingdom
			CBA (Delaware) Finance Incorporated			USA
			CTB Australia Limited			Hong Kong
			Senator House Investments (UK) Limited(1)			United Kingdom
			Commonwealth Securities (Japan) Pty Limited			Japan
			National Bank of Fiji Limited		51	Fiji
			PT Bank Commonwealth			Indonesia
			CBA Capital Holdings Inc			USA
			CBA Capital Trust 1			USA
			CBA Funding Trust 1			USA
			Seahorse Investments UK Ltd			United Kingdom
			CommInternational Limited			Malta
			CommFinance Limited			Malta

NOTE 41 Controlled Entities continued

				Extent of Beneficial
Entity Name				Interest if not 100%	Incorporated in
	(b	)	Insurance and Funds Management
			CMG Asia Life Holdings Limited		Bermuda
			CMG Asia Limited		Bermuda
			CMG Asia Pensions and Retirements Limited		Hong Kong
			CMG First State Investments (Hong Kong) Limited		Hong Kong
			CMG First State (Singapore) Limited		Singapore
			Colonial Fiji Life Limited		Fiji
			Colonial First State International Assets Limited		United Kingdom
			Colonial First State Investments (Fiji) Limited		Fiji
			Colonial First State Investment Managers (UK) Limited		United Kingdom
			Colonial Healthcare (Fiji) Limited		Fiji
			Colonial Services (Fiji) Limited		Fiji
			Colonial First State (UK) Holdings Limited		United Kingdom
			Stewart Ivory Holdings Limited		United Kingdom
			Waterloo & Victoria Limited		Cayman Islands

     Non-operating and minor operating controlled entities and investment vehicles holding policyholder assets are excluded from the above list.

⁽¹⁾ Wholly owned subsidiary of CBA International Finance Pty Limited.