Federal Budget October 2022: news

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Federal Budget ‘resetting for an uncertain future’: CBA economists

Commonwealth Bank economists take a close look at the first Federal Budget delivered by Treasurer Jim Chalmers, which includes measures to address childcare and parental leave, housing, and sustainability.


Federal budget preview: CommBank’s chief economist on what to expect

As new Treasurer Jim Chalmers prepares to deliver his first budget, CBA’s Chief Economist Stephen Halmarick explains why it’s important for fiscal policy to work “hand-in-hand” with monetary policy.

Federal Budget October 2022: analysis


Rising inflation points to further cash rate rises: CBA economist

In an update published the day after the Budget, CBA’s Head of Australian Economics Gareth Aird forecast the RBA will lift the cash rate by 25bps at the November, and could add another 25bps in December which would take the cash rate to 3.1%.

Woman at supermarket

CBA expects inflation to fall slightly faster from its peak

Treasury is forecasting the period of rising prices to peak, with CommBank saying the slower pace of inflation could come sooner than estimated.

Crowd at train station

Australia’s population growth set to resume

The re-opening of the country’s international borders and the return of overseas migrants will provide a much-needed boost to GDP and help reduce labour supply pressures, says CBA.


Commodity prices forecasts too ‘conservative’: CBA

Global challenges such as the Ukraine war and China’s COVID-zero policy will continue to weigh on key mining and energy raw materials, inflating some and dampening others, according to the bank’s economics team.

Federal Budget 2022-23

CBA's Global Economic and Markets Research team outline what the Federal Budget might mean for you.

Go to the Federal Budget overview

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Federal Budget March 2022: news and analysis

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Federal Budget signals ‘next phase’ of fiscal policy: CBA Economists

Last night’s Federal Budget was punctuated by a number of fiscal measures designed to alleviate cost of living pressures and support economic growth. 


Federal Budget 2022: CBA ‘bullish’ on the outlook for key commodity prices

CommBank’s economists are expecting prices for iron ore, coking and thermal coal to remain higher than the Budget’s longer term forecasts, which the team believe are far too conservative for the next two financial years.

Population growth

Federal Budget 2022: Population growth on the rise after COVID-19

With the pandemic having seen migration to Australia stall to almost zero in 2021, the re-opening of international borders is now forecast to help a faster-than-expected increase in the country’s population, says CBA.

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CBA Federal Budget reaction: Treasurer looks to economic growth for medium-term debt reduction 

Government announces support for Australians to manage rising ‘cost of living’, alongside investment in infrastructure, skills training, regional Australia and youth employment.

Stephen Halmarick

Federal Budget 2022 – The spending areas and key numbers to watch: CommBank

With all eyes on next week’s Budget, CBA’s Chief Economist Stephen Halmarick looks at the likely impact on the economy and who could benefit from the Government’s financial largesse in 2022/23 and beyond.

Australian city skyline

Economy “firing on all cylinders” set to deliver $40b Budget benefit

Stronger employment numbers, lower welfare payments and surging commodity prices will help improve the bottom line in next week’s Federal Budget according to CommBank’s Head of Australian Economics.