Skip to main content Skip to log on Skip to search Accessibility at CommBank

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.

Read more

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.

Latest news

 timer22.svg Subscribe - get the latest in your inbox

Business

Wall Street closes lower as tech stocks drag

Worries about the technology sector taking on more debt weighed on Wall Street.
18 December 2025
Economy

New Zealand's economic rollercoaster continues after GDP rise

Bumper growth in tourism has helped deliver New Zealand a 1.1 per cent rise in GDP.
18 December 2025
Business

100x more vitamin C: Native foods step up fight against chronic disease

The Kakadu plum is taking centre stage in the fight to improve health and strengthen connection to country.
18 December 2025
Business

Shares finish flat as energy stocks continue to drift

The ASX has ended the session roughly flat as it closes in on 2025's last full week of trading, weighed down by heavy energy and utilities stocks.
18 December 2025
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

Load more

Momentum 2025

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

Read more

Matt Comyn

Featured stories

Michele Bullock

RBA expected to raise rates in February: CBA economists

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

 

Read more

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.

 

Read more

New Wage and Labour Insights report

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

Read more

Media resources & contact information

Contact the CBA Media Team

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.

Media assets

High-resolution photos of Commonwealth Bank's leadership team and office buildings, for use by media and journalists.

Download assets

  • Subscribe

    Subscribe to get the latest from CBA Newsroom.

  • Unsubscribe

    Unsubscribe to stop receiving emails from CBA Newsroom.

  • CBA Newsroom archive

    Find past news and stories in our archive.