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Australia’s state economies are diverging more clearly. NSW is improving, supported by firmer investment and labour market conditions, although slower income growth is weighing on housing and consumer spending. Victoria remains comparatively weak, despite a lift in business investment and consumption, with soft labour and housing dynamics continuing. Queensland leads on private investment, spending momentum and housing price growth. WA maintains strong annual growth, underpinned by robust private demand, tight labour markets and solid dwelling price gains. South Australia records the strongest annual growth, with tight labour conditions and improving housing and business activity. Tasmania, the NT and ACT remain softer overall, though pockets of resilience are emerging.1
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Our Global Economic & Markets Research team provides clients with regular, real-time research and insights enriched by CommBank internally generated data. Discover how changes in the economy across income, savings, expenditure and lending can impact your business.
Our dedicated agribusiness team can support you with agri-specific and sustainable finance solutions to support your business grow and build resilience.
“As the year gets underway, it’s timely to review plans and set clear priorities for the year ahead. In recent weeks, our Agribusiness Banking team has been on farm and in your communities, listening, learning and working alongside you to understand what’s important to you and how we can help.
We’ve also connected at the Australian Dairy Conference, evokeAG and Wilmot Field Days, exploring how investment in natural capital can lift profitability and build long-term resilience.
Despite mixed summer conditions, your innovation and adaptability continue to inspire us and we look forward to working with you for a safe, productive and successful year ahead.”
Natasha Greenword, General Manager, Agribusiness, CommBank
Global wheat markets entered 2026 well supplied from record crops in 2025. No significant production issues for the 2026 crop have appeared as of early March. Large supplies will likely lead to continued subdued global wheat prices this year.
Australian canola prices are expected to be supported this year due to the return of Chinese buyers for the first time in five years. If the war between the US and Iran becomes a prolonged conflict, high oil prices could add further support for canola prices.
The stars are less aligned for cattle markets in 2026.
Go deeper in the Agri Podcast with Dennis Voznesenski, Sustainability and Agriculture Economist, CommBank.
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The Farms in Focus survey gives farmers the chance to share their experiences and help influence decisions that impact the future of Austrlian agriculture.
Led by STAR Lab at the Weatherhead Center for International Affairs at Harvard University in collaboration with NFF, AFI and CommBank. This initiative will ensure your insights are used to advocate for farmers at every level.
Threat and Penalty scams are a fast‑growing risk for businesses, designed to threaten and frighten customers to making payments. We help businesses better understand how these scams work, spot the warning signs, and understand the steps they can take if they’targeted.
Explore our CommBank Safe factsheets and videos for practical guidance to protect your business.
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Read our healthcare industry reports - 2026 insights coming soon
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As Remedy Drinks expanded offshore, optimising cash flow became critical. By consolidating global operations and unlocking working capital through CommBank, the fast-growing beverage brand improved liquidity, scaled production and stayed agile across markets, supporting rapid international growth without compromising momentum.
Natural capital is increasingly shaping how farmland value and long term productivity are assessed. This article explores why soil health, water and biodiversity matter to farm performance, and how understanding farmland health can support more informed decisions for sustainable and resilient agricultural businesses.
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The information presented on this webpage includes references to various reports. Please access the full report to view all relevant disclosures.
1 CommBank – State & Territory Quarterly Perspective – December 2025.
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