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Treasurer Jim Chalmers flags a ‘fourth economy’ budget shaped by global shocks

In an in-depth discussion with CBA Chief Economist Luke Yeaman, Treasurer Jim Chalmers says the Federal Budget to be handed down in May will reflect a world that has become more volatile, less predictable and more prone to repeated shocks.

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Federal Treasurer Jim Chalmers

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Older Australians and a 23% jump in transport costs pumped up the spending of Australian households in March, but CBA economists say a slowdown is expected.

Olympians, Paralympians and the leaders helping shape Brisbane 2032 share what the Games mean to them.

$60k almost gone thanks to one fake invoice. Same supplier. Same format. Different bank details. Remember to Stop, Check and Reject anything that feels off.

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Business

Oil prices jumping higher but US stocks hold near records

US stocks stayed near record highs despite another jump in oil prices and a firmer message from the Federal Reserve.
30 April 2026
Economy

Batteries undercutting gas, keeping lid on power bills

Batteries are helping keep a lid on power prices as Australia becomes less exposed to global energy shocks.
30 April 2026
Economy

Inflation spike keeps May rate hike on the table

The surge in petrol prices has pushed inflation higher and underlying price pressures remain too strong for the Reserve Bank to relax, setting up a...
30 April 2026
Business

Australians continue to back small business amid cost-of-living pressures

CommBank research reveals more than half of Australians are willing to spend more, where possible, to support a small business and three in ten pre...
29 April 2026
Agribusiness

Supporting Australian agriculture through times of uncertainty

Rising fuel and fertiliser costs are putting fresh pressure on Australian farmers just as the winter planting season begins, with overseas supply r...
29 April 2026
Economy

US dollar dominance faces fresh questions, but no credible challenger is in sight

Rising geopolitical tensions and questions over US interest-rate independence have revived talk of a world without the US dollar at its centre.
29 April 2026

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2026 federal Budget preview: go big or go home

This federal Budget is shaping as one of the most interesting in a long time, but what sort of Budget will it be? CBA's Luke Yeaman and Harry Ottley take a look.

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Featured stories

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Why are people talking about stagflation again?

Economy
It was invented in the 1960s and is closely linked to the 1970s. So why is the word ‘stagflation’ suddenly back in use, and what does it actually mean?

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How to make CommBank Newsroom a preferred source on Google

Community
How to choose CommBank as one of your preferred sources for news, analysis, information and announcements.

 

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What is capital gains tax ?

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Capital gains tax is back in the news again. What is it, where did it come from, and what's behind this latest discussion?

 

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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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