The chief executive of the country’s largest lender, Commonwealth Bank’s Matt Comyn, has attacked what he says are insidious and performative populist policies on all sides of politics, highlighting the rising tensions between Canberra and big business.

Singling out a pledge from the Greens to extract $514 billion from major corporations and a Labor push to limit credit card fees, Mr Comyn said voters were being presented with a “false dichotomy: for a company to earn any sort of income or profit, it is often inferred or related … as somehow being unjustly extracted from consumers”.