Federal Budget Analysis

The Federal Government has unveiled its 2020 Budget. CBA's editor-in-chief Danny John looks at how the proposed tax cuts, income support, infrastructure spending and other measures are expected to support an economic recovery in 2021/22. However, Australia’s economic recovery from the COVID-19 pandemic has a long way to go and the path will not be smooth. Read more

Podcast: Stephen Halmarick, Chief Economist and Belinda Allen, Senior Economist discuss the Federal Budget. Download audio file (Listen on iTunes or Podbean)

Infographic: Budget at a glance (PDF)

Matt Comyn

CBA welcomes job creation and employment support measures in the 2020 Federal Budget

Measures to support and grow employment announced in the Budget should provide certainty and confidence to help Australians to plan for the future, Commonwealth Bank CEO Matt Comyn said today.

Australian suburbs

Emerging from recession

Commonwealth Bank’s Chief Economist, Stephen Halmarick, explains how Australia will survive and emerge from its first recession in almost 30 years. 

Bank workers in Spanish flu pandemic

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 socially, the stories of then and now are somewhat similar.

More economic insights

Suburban home

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.

Gareth Aird

Budget to 'dig deep' to support the economy

Read CBA’s Head of Australian Economics, Gareth Aird’s comments on the Reserve Bank of Australia’s cash rate decision, and see how his pre-budget predictions stacked up on the day.

Federal Budget 2020

Australia's 2020 Federal Budget has been unveiled. The key features of this year's Budget were tax cuts and infrastructure spending.