Help & support
The Global Economic & Markets Research (GEMR) team provides clients with regular, real-time research and insights enriched by CommBank internally generated data, showing changes in the economy across income, savings, expenditure and lending.
This quarter, our economics team has taken a deep look at the performance of states and territories with a mixed picture of performance across the nation. Western Australia remains the strongest nationwide, but signs of resilience can be seen across the country despite slowing national economic growth. To learn more about the drivers and performance for your state, read our State & Territory Quarterly Perspective report.
CommBank also partners with the Regional Australian Institute, which analyses the quarterly and annual trends in people moving to and from Australia’s regional areas.
In addition to our general banking products and services in lending, working capital and transactional needs, we also have our agri-specific sustainable finance solutions, to help unlock profitability and build resilience.
It’s been a mixed Spring for many of our customers with those in the Eastern States seeing largely favourable conditions with an encouraging end of year outlook, while those in parts of Western Victoria and SA are experiencing a ‘green drought’. This is where despite paddocks looking green, there is limited soil moisture to finish off crops or to support pasture growth. For any customers needing support in these conditions please reach out to your local banker who can discuss a range of support options. More broadly though, our outlook for the ag sector remains very positive with production this financial year again expected to increase. Wishing all of our customers a safe finish to the season.
Global wheat prices have moved up from their August lows. The move higher has been driven by winter wheat harvest wrapping up in the northern hemisphere, and dry conditions developing over Ukraine and Russia. Locally, prices have also begun to move higher, partially following the offshore lift, and partially reflecting drying conditions across the country. On the cattle front, reduced cattle availability in the US is keeping beef demand high, supporting local prices.
For the latest market information, check out the CommBank Agri podcast.
As part of our commitment to regional Australia, CommBank is sponsoring a leading ag-research program, Farming for the Future (FftF). The project aims to quantify the value of natural capital, such as trees and vegetation, in improving the performance and resilience of farming operations. Read our announcement to learn more about the program and the connections between environmental stewardship and financial returns in agriculture.
The national Bush Summit was held in August across six locations around the country. It brought together business, community and government leaders to address our regions' opportunities and challenges. CommBank proudly participated in panels discussing issues from how to keep our regions thriving and internal migration trends to protections against frauds and scams. To listen to these discussions and find out more, visit 2024 Bush Summit.
Dennis Voznesenski, Sustainable and Agriculture Economist at CommBank, discusses the why canola prices are on the rise globally and in Australia. In this video Dennis Voznesenski and Tony also discuss how much prices have risen and what has driven the price increase. Dennis also delves into harvest progress around the country as headers move into paddocks.
Dennis Voznesenski, Sustainable and Agriculture Economist at CommBank, discusses the why canola prices are on the rise globally and in Australia. In this video Dennis Voznesenski and Tony also discuss how much prices have risen and what has driven the price increase. Dennis also delves into harvest progress around the country as headers move into paddocks.
Can4Cancer is a CommBank Staff Foundation initiative, and this year is celebrating 10 years of impact. The event raises vital funds to support researchers working towards curing and preventing cancer.
From a single ride event in our first year, this year we have an ambitious target to raise a cumulative $20million in our 10th year with 10,000 participants across 18 events.3
Explore the latest research, insights and thought leadership with CommBank's Brighter Perspectives to help your business navigate the future.
All businesses may experience financial difficulty at some time. We’re here to help.
How South Pacific Seeds uses working capital to navigate seasonal cash flows and seize growth opportunities
Over nearly 40 years, South Pacific Seeds (SPS) has expanded its presence in the Australian and global vegetable seed market. Focusing on seed production and distribution, it partners with large seed groups and breeding partners worldwide.
How labour hire organisation Impact Services minimises cash flow risk to maximise impact
After federal and state governments ushered in Aboriginal procurement policies in 2018, majority Indigenous-owned Impact Services was created to make a positive difference.
Access the latest analysis, insights and news from our Business and Institutional Banking teams.
The information presented on this webpage includes references to various reports. Please access the full report to view all relevant disclosures.
1 State & Territory Quarterly Perspective – September 2024.
2 Regional Movers Index – June 2024.
3 Can4Cancer CommBank Staff Foundation Initiative.
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