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Over 65s spending more than ever as younger households pull back

Household spending growth has slowed to its weakest pace in months, with young Australians pulling back the hardest.

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In Ballarat, Springhill Farm has spent more than 40 years growing from a family farm into one of Australia's leading food manufacturers. 

Disruptions in critical chokepoints like the Strait of Hormuz are exposing vulnerabilities in global trade, driving supply shocks and higher costs, CommBank Senior Geo-Economics Analyst Madison Cartwright explains.

After 38 years with CommBank, retired Ballarat Branch Manager Colleen Cornips helps open the city's brand new branch, cutting the ribbon alongside her former colleagues.

Latest news

Markets

Wall Street falls as chip weakness offsets solid earnings

Chip stocks have pulled the Nasdaq and the S&P 500 lower as they continued to lead broader market moves despite generally upbeat US economic data a...
17 July 2026
Scams and fraud

‘Pump and dump’ investment scams surging: ASIC

Scammers are using fake celebrity endorsements, deepfakes and messaging apps to lure more Australians into “pump and dump” investment scams, corpor...
17 July 2026
Technology

PM says 'world-first' AI standards to become law within a year

AI data centres will be required to underwrite new power supply, as the Prime Minister rejects calls to weaken copyright laws.
15 July 2026
Agribusiness

Global conflicts sees wheat prices jump, but Australian farmers' costs climb too

Global wheat prices have jumped as the conflict between the US and Iran again threatens key shipping routes.
15 July 2026
Economy

Shops keep closing, but there's never been less empty retail space

Despite a string of retailer collapses since May, Australia's shopping centre vacancy rate has fallen to its lowest level since 2018.
15 July 2026
Economy

More foreign exposure, more hedging: CommBank FX Barometer

CommBank’s latest FX Barometer shows money managers and corporates are stepping up currency risk management as foreign exposures grow, with both gr...
14 July 2026

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Spotlight:
electrification

Find out more about how electrification is affecting everyday Australians as it reshapes our homes, transport and economy.

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What is capital gains tax and what are the latest changes?

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