The series launched several popular characters including schoolgirl Kylie Mole, terminally unemployed Col'n Carpenter, bumbling elderly pensioner Uncle Arthur and most especially greengrocer Con the Fruiterer.

[1] The word "bogan" was popularised by Mary-Anne Fahey's Kylie Mole character, a scowling schoolgirl who also interviewed various celebrities.

The Comedy Company was well-known for featuring national and international stars appearing as guests throughout the series including: Julian Lennon, INXS, Kylie Minogue, Jason Donovan, Annie Jones and Sigrid Thornton.

A DVD box set has been released including four DVDs with select clips from the series, the four DVDs are; The series won two consecutive Logie Awards (1989–1990) for Most Popular Light Entertainment/Comedy Program, while cast member Mary-Anne Fahey won a Logie Award for Most Popular Light Entertainment/Comedy Personality for her appearance on The Comedy Company in 1989.

Col'n Carpenter is a 1990 Australian sitcom spinoff, starring Kym Gyngell, reprising his character from The Comedy Company.