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.

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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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

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
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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...
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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
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Budget update to reveal Australia's fiscal fortunes

The federal treasurer says he's booked another $20 billion in savings in the budget update.
15 December 2025

Momentum 2025

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

Matt Comyn

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