Search results for Economy
CEO welcomes Budget measures designed to drive jobs, growth
Commonwealth Bank of Australia CEO Matt Comyn today backed measures in the Federal Budget which will provide targeted assistance to get more Austra...
12 May 2021
Fiscal policy supports strong recovery: CBA economists
Last night’s Federal Budget was defined by a number of fiscal measures that are designed to support a wide range of sectors and drive economic growth.
12 May 2021
What to expect from the 2021/22 Australian Budget
A high level break down of what we can expect from next week’s Federal Budget.
7 May 2021
CommSec State of the States: Tasmania firmly on top as Western Australia jumps to third
The latest CommSec State of the States report shows a marked lift in the ranking of Western Australia in the latest quarterly economic report.
27 April 2021
March spending intentions surge amid Australia’s economic rebound
Stronger spending intentions on COVID-hit sectors reflect broad economic recovery and base effects, according to combined CBA and Google data for M...
20 April 2021
CBA helps Lendlease issue its second green bond in five months
Our institutional bank continues to meet increasing demand for sustainable finance.
15 April 2021
Spending in CBDs on the up
Spending in Central Business Districts across the country is up 22.4 per cent over the past six months, with Gen X and older millennials contributi...
14 April 2021
CBA backs SME recovery
New business loans now available with interest rates from 2.60 per cent
1 April 2021
Regional Australia bounces back as Aussies explore their own backyards
Regional Australia defies COVID-19 downturn with hospitality, tourism and retail spending showing significant year-on-year growth.
17 March 2021
Aussie companies to pay $26 billion in dividends
Almost 80 per cent of ASX 200 companies issued a dividend during the interim reporting season as Australia moves into a new phase for the economy a...
17 March 2021
Home buying intentions soar in February, while retail spending intentions show signs of cooling
Prospective spending on residential property neared a record, and spending plans for entertainment, education and health and fitness categories als...
16 March 2021
CBA welcomes new government support measures to help boost economic recovery
Commonwealth Bank of Australia has today welcomed the announcement of new federal government’s today of new financial support measures for industri...
11 March 2021
Australia’s housing market set for strong price gains
Residential property prices are set to rise 14 per cent across the nation’s eight capital cities over the next two years, forecasts CBA Head of Aus...
16 February 2021
State vs. State: Economic rankings tighten in CommSec State of the States
The latest CommSec State of the States report shows that there is little to separate Australia’s state and territories in terms of economic perform...
27 January 2021
Monetary policy and COVID set to steal focus in 2021
CommSec’s Chief Economist, Craig James, shares his expectations and predictions for the year ahead.
5 January 2021
A year like no other
CommSec’s chief economist, Craig James, shares his reflections on the year that was.
30 December 2020
CBA granted banking licence for Dutch subsidiary
Commonwealth Bank of Australia is a step closer to providing better access to European markets for its institutional clients post-Brexit.
7 December 2020
Spending intentions: A mixed bag in October
Combined CBA and Google data highlights how spending intentions were mixed across different sectors last month, according to CBA’s Chief Economist.
17 November 2020
Economic recovery stronger than first thought
Commonwealth Bank’s Head of Australian Economics, Gareth Aird, has indicated strong fiscal stimulus will help the Australian economy recover quickly.
13 November 2020
Card spending surges as restrictions ease and internal borders improve
Spending on services was the dominant driver in a 13 per cent year-on-year increase in overall spending last week, according to latest research fro...
10 November 2020
US Presidential election result could cause Aussie dollar to rise
Commonwealth Bank’s Head of International Economics, Joseph Capurso, explains what impact the US Presidential Election result may have on the Austr...
6 November 2020
Investors shrug off US Election uncertainty
While a final decision regarding the next President of the United States may still be some time off, CommSec Senior Economist Ryan Felsman, looks a...
6 November 2020
RBA cuts interest rates to deliver economic boost
Commonwealth Bank’s economists, Stephen Halmarick and Gareth Aird, explain what impact these measures will have on the national economy.
3 November 2020
Reserve Bank partners with CBA and others on Wholesale Central Bank Digital Currency research project
An industry blockchain project involving the RBA, CBA, NAB, Perpetual and ConsenSys Software.
2 November 2020
Melbourne Cup rate cut a firm favourite
A November rate cut by the Reserve Bank of Australia now looks all but certain, according to Commonwealth Bank Chief Economist Stephen Halmarick.
27 October 2020
Tas remains on top, ACT lifts and Vic slips: CommSec State of the States
The latest CommSec economic rankings reveal how the pandemic recession is hitting some states and territories harder than others.
26 October 2020
Institutional investors increase demand for 'green' finance
Two green bonds issued this week highlights the growing demand for sustainable finance, according to Commonwealth Bank.
23 October 2020
Uneven recovery continues in September
CBA’s Chief Economist Stephen Halmarick confirms spending intentions largely tracked sideways in September, while expecting future improvements.
20 October 2020
Local support essential for small business recovery
Commonwealth Bank is more than doubling the number of local business bankers in branches across the country, and improving lending services in-bran...
19 October 2020
CBA invests $100 million for Australian Business Growth Fund
Commonwealth Bank of Australia (CBA) has welcomed today’s announcement by the Federal Government to establish the Australian Business Growth Fund b...
16 October 2020
CBA ready for funding spike as SMEs look to future growth
With the second phase of the Federal Government’s SME Guarantee Scheme now underway, CBA is ready for credit demand to increase as businesses...
11 October 2020
A Tale of Two Pandemics: The Spanish Flu 1919-1920 - economic impacts and recovery
Exactly 100 years ago, another pandemic - the Spanish flu - brought the country to its knees. Despite the passing of time, economically and sociall...
7 October 2020
A Tale of Two Pandemics: Emerging from recession
Commonwealth Bank's Chief Economist, Stephen Halmarick, explains how Australia will emerge from its first recession in almost 30 years.
7 October 2020
RBA throws weight behind job creation to beat pandemic blues
Official Cash Rate remains on hold at 0.25 per cent prior to the handing down of the federal budget.
7 October 2020
Budget and low-cost funding to boost business investment
Small businesses have received a much needed confidence boost with the combination of the Federal Government’s 2020 Budget measures and extended Co...
7 October 2020
Budget to “dig deep” to support the economy
With the Federal Government set to hand down its 2020/21 Budget next week, Commonwealth Bank’s Head of Australian Economics, Gareth Aird, details w...
30 September 2020
CBA enables new cashless payment option for Adelaide commuters
CBA’s innovative payment technology supports the move away from using cash to pay..
20 September 2020
CBA sustainability-linked loan captures international interest
Australia’s first sustainability-linked loan tied to achieving better social outcomes is capturing international interest.
17 September 2020
Australia ranks 18th on ‘cheapest tech’ list
A firm Australian dollar underpinned by the high price of iron ore means Australia is no longer one of the cheapest countries in the world to buy a...
15 September 2020
Renewed restrictions hit business activity
Early data indicates business activity has gone backwards, according to initial results of the latest CBA Purchasing Managers’ Index.
21 August 2020
Tasmania leads the nation: CommSec State of the States
The latest CommSec economic rankings reveal how the state and territory economies have handled the early stages of the coronavirus pandemic.
27 July 2020
Statement regarding the Coronavirus SME Guarantee Scheme
Commonwealth Bank's Chief Executive Officer, Matt Comyn, speaks about the Government's Coronavirus SME Guarantee Scheme
20 July 2020
Growing optimism for Aussie farmers
Opportunity for agribusinesses to capitalise on positive outlook.
14 July 2020
CommBank accepting applications for next round of First Home Loan Deposit Scheme places
Australians can now apply for the next round of places with Commonwealth Bank under the Government's First Home Loan Deposit Scheme.
1 July 2020
Commonwealth Bank welcomes Government's HomeBuilder program
CommBank welcomes the announcement of the new HomeBuilder program which will help boost the economy, support home builders and renovators, and get ...
4 June 2020
CBA passes First Home Loan Deposit Scheme milestone
A thousand Australians have now purchased a property with Commonwealth Bank under the Australian Government's First Home Loan Deposit Scheme.
29 April 2020
Commonwealth Bank launches coronavirus support campaign
A large scale communication campaign to clearly address our customers’ most common questions and concerns.
26 March 2020
Commonwealth Bank reduces interest rates for home loan customers
Commonwealth Bank has responded to the Reserve Bank of Australia’s (RBA) cash rate decision by reducing variable rates by 0.25% p.a.
3 March 2020
Australian economic outlook is positive: CBA Economist
COVID-19 had a significant impact on the Australian economy and financial markets in 2020, but the outlook for 2021 is, thankfully, more positive.
29 December 2019
