CBA Newsroom

Housing, AI and geopolitics define the economic outlook

CommBank economists say the slowdown in Australia’s economy is now more likely to be driven by housing prices than oil shocks, amid a global economy that’s being redefined by AI, energy prices and shifting geopolitical risks.

A person walks past an auction sign outside a property in Sydney, Australia, June 22, 2026.

Video features

Disruptions in critical chokepoints like the Strait of Hormuz are exposing vulnerabilities in global trade, driving supply shocks and higher costs, CommBank Senior Geo-Economics Analyst Madison Cartwright explains.

CommBank Socceroos Aziz Behich, Jacob Italiano, Aiden O'Neill and Patrick Yazbek take part in Passing the Torch, where they share their perspectives on football, life and the experiences that have shaped their careers.

After 38 years with CommBank, retired Ballarat Branch Manager Colleen Cornips helps open the city's brand new branch, cutting the ribbon alongside her former colleagues.

Latest news

Markets

Wall Street ends lower as Iran tensions spook investors

Wall Street closed lower as the US President's revived blockade on Iranian ports pushed oil prices sharply higher.

14 July 2026

News

Aussie shares recover losses but Hormuz risk remains

Renewed fighting in the Persian Gulf has markets eyeing an extension of the global oil crisis.

14 July 2026

Economy

More foreign exposure, more hedging: CommBank FX Barometer

CommBank’s latest FX Barometer shows money managers and corporates are stepping up currency risk management as foreign exposures grow, with both gr...

14 July 2026

Economy

Have EVs have reached a tipping point in Australia? Here’s 8 things you need to know

The growing popularity of electric vehicles in Australia has hit overdrive in 2026, and the car market is undergoing significant changes. Here’s ei...

13 July 2026

Markets

Aussie shares tread water as Middle East conflict weighs on miners

The ASX200 rose just 0.03% as banks recovered and miners fell on rising Middle East oil prices.

13 July 2026

News

Indigenous Nationals is where competition meets connection

Celebrating 30 years, UniSport Indigenous Nationals brings Aboriginal and Torres Strait Islander university students together through sport and cul...

10 July 2026