Lots of reasons for cars to overheat, water pump could be stuffed, radiator or hose' have pin holes, taking your thermostat out is not recommended, so put one back in.
The best way to fix it would be to have your radiator pressure tested, replace all the cooling system hoses and maybe even replace your water pump, not too sure what they are like on the commodores but I had a GT4 Celica that I ended up finding my water pump was shagged, it was that eroded internally that it was almost doing nothing! New water pump and the celica ran cool!