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What you need to know about Middle East conflict and higher oil prices, even if you don’t own a car

Oil prices can affect everyday Australians far beyond what it costs to fill up your car. Why are they so important to the economy? 

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Video features

CommBank Matildas star Mary Fowler says being sidelined by injury has cleared the space to bounce back even stronger. The footballer sits down for an interview with CommBank Newsroom's Michelle Escobar.

Australians began the year spending on a mix of fun and necessities, but higher interest rates and slowing income growth may change the picture through the rest of 2026.

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Business

New business investment helping lift productivity

More Australian businesses are getting productivity gains from upgrading old equipment, tech, and vehicles, with farmers and manufacturers leading ...
3 March 2026
Economy

What you need to know about Middle East conflict and higher oil prices, even if you don’t own a car

Oil prices can affect everyday Australians far beyond what it costs to fill up your car. Why are they so important to the economy?
3 March 2026
Economy

RBA keeping close eye on Iran situation

It's unclear if financial conditions can bring inflation under control or whether conflict in Iran will make it worse, the Reserve Bank governor says.
3 March 2026
Business

US stocks erase sharp losses, oil prices leap on Iran worries

Oil prices jumped on Iran war worries, but US shares recovered from early losses as Big Tech and energy helped steady the market.
3 March 2026
Economy

What happens when love, economics and tech collide?

Online dating has blown open the number of potential partners Australians can meet, raising a new question for economists.
2 March 2026
Economy

Oil prices swing amid Middle East conflict

Oil markets are bracing for volatility this week as traders weigh whether strikes on Iran escalate into disruptions to exports and tanker traffic t...
2 March 2026

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Newsroom Insights

Insights, explainers and features exploring the economy and the latest financial news.

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Featured stories

Luke Yeaman

Inflation, AI and geopolitics to again take centre stage in 2026

Economy
Tariff wars and geopolitical shocks could have broken the global economy in 2025, but they didn’t, write CBA Chief Economist Luke Yeaman.

 

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What’s the deal with CommBank and AI?

 

Artificial intelligence
AI is reshaping industries and has potential to transform customer experiences. But like any innovation, its impact will depend on how thoughtfully and responsibly it is applied.  

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Interest rates explained: what they are and why they matter

Economy
Interest rates sit behind many of the big economic issues people are navigating right now, from housing and rents to savings and everyday spending.

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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.

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