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Budget update shows Australia’s deficit narrowing as economy strengthens

The Mid-Year Economic and Fiscal Outlook (MYEFO) shows a smaller deficit and improved debt outlook, but inflation and spending pressures remain.

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Treasurer Jim Chalmers and Finance Minister Katy Gallagher

Video features

CommBank's Head of Australian Economics Belinda Allen takes us through the February rate hike forecast and explains the reason behind the prediction.

There’s plenty of grain moving through global supply chains right now, but CommBank Agricultural Economist Dennis Voznesenski says a few risks on the horizon could change the picture in 2026.

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Economy

Budget update shows Australia’s deficit narrowing as economy strengthens

The Mid-Year Economic and Fiscal Outlook (MYEFO) shows a smaller deficit and improved debt outlook, but inflation and spending pressures remain.
17 December 2025
Business

European Union set to drop 2035 combustion engine ban

The European Commission is proposing reversing a ban on new combustion-engine vehicles from 2035 after pressure from car makers.
17 December 2025
Business

Australian shares fade for third day, gold stocks rally

Raw materials was the only winner among the 11 ASX sectors, rising as gold stocks surged.
17 December 2025
Economy

Wheat prices soften on record supply but 2026 risks could shift the market

There’s plenty of grain moving through global supply chains right now, but CommBank Agricultural Economist Dennis Voznesenski says a few risks on t...
16 December 2025
Economy

RBA expected to raise interest rates in February: CBA economists

Faster growth and stubborn price pressures mean a small rate rise may be coming early in the new year, CBA economists say.
16 December 2025
Economy

CommSec analysts outline the big sharemarket themes for 2026

After a volatile year defined by tariffs, tech and shifting interest rate expectations, CommSec analysts say 2026 is shaping up as another unpredic...
15 December 2025

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Momentum 2025

The latest environmental, sustainability and carbon thought leadership from CBA and leading minds across industry and markets.

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Matt Comyn

Featured stories

AC/DC, Oasis rock November

Economy
Flipping the script on previous years, spending on blockbuster sport and music events overshadowed Black Friday sales in November.

 

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New Wage and Labour Insights report

Technology
CBA’s new monthly indicator offers an early read on shifting labour-market conditions.

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Samantha Kerr

'I've got that drive back': Sam Kerr on Matildas return 

Football
Exclusive: CommBank Matildas captain Sam Kerr talks life, football and the upcoming AFC Women’s Asian Cup 2026.

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Journalists and members of the media can contact the CBA Media team by calling 02 9595 3219 or email us via [email protected]. For all other enquiries, here's how to get in touch.

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