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Commonwealth Bank Chief Economist Michael Blythe looks at Australia’s elevated level of household debt and suggests the main threat this poses is the drag on consumer spending. He says the answer lies not so much with reducing debt but boosting incomes.
Insights into syndicated loans, bond and securitisation markets.
Improved global and domestic conditions suggest the economy will keep growing at a healthy pace.
The number of Australian businesses classified as top innovators has more than doubled in 12 months.
The Economist and the Commonwealth Bank are engaging in the discussion about new economies and how technology is driving change. Innovating will be essential for future success in evolving political, economic and trade environments.
New orders and output both increased at weaker rates on the back of softer demand, with export sales growth also slowing.
Business activity cooled amid reports of softer demand from both domestic and foreign clients. Confidence dipped to a 25-month low.
Ground-breaking transactions for better social and environmental outcomes.
Improved demand has prompted firms to raise employment and boost production.
Growth in business activity slowed despite stronger rises in sales and employment.
Sydney’s $2.1 billion CBD and South East Light Rail is benefiting from CommBank’s experience.
The publications on this page are published solely for information purposes. As they have been prepared without considering your objectives, financial situation or needs, you should, before acting on the information, consider its appropriateness to your circumstances and if necessary seek the appropriate professional advice. Any opinions, conclusions or recommendations are reasonably held or made, based on the information available at the time of each publications compilation, but no representation or warranty, either expressed or implied, is made or provided as to the accuracy, reliability or completeness of any statement made. Commonwealth Bank of Australia ABN 48 123 123 124.
