Category: Commonwealth Bank of Australia

Australia Urged to Keep Taking Risks to Ensure Economic Growth

June 24, 2021
anthony albaneseAustraliaAustralian economyCommonwealth Bank of AustraliaTreasurer Josh FrydenbergWorld
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The Australian government and businesses are being urged to keep taking risks as they did during last year’s recession to ensure the economic recovery continues. Su McCluskey of the National COVID-19 Commission Advisory Board told a conference in Canberra that last year, faced with a pandemic, Australia was able to be “nimble and responsive” and…

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Over 60 percent of Aussie Millennials Don’t Have Savings Plans

June 2, 2021
afterpayAustraliaCommonwealth Bank of AustraliaInternationalMillenialspersonal financeWorld
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According to a recent survey, over 60 percent of Australian millennials don’t have a savings plan for their future, while a third only save occasionally. Commbank research surveyed 1,002 Australians aged 24-39 during April and studied millennials’ attitudes and habits towards their personal finances. It found that only two in five have a regular savings…

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Tasmania Rated as Australia’s Number One State Economy: CommSec

April 27, 2021
AustraliaAustralian economyAustralian state economyCommonwealth Bank of AustraliaCommSecInternationalWorld
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According to a report, Tasmania has been rated as the best-performing state economy for the fifth quarter in a row, with the Australian Capital Territory (ACT) maintaining the second spot. CommSec’s State of States report (pdf) measures and analyses the economic performances for each state and territory over every quarter against the 10-year average, or “normal”…

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Tasmania Rated Australia’s Number One State Economy: CommSec

April 27, 2021
AustraliaAustralian economyAustralian state economyCommonwealth Bank of AustraliaCommSecInternationalWorld
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According to a report, Tasmania has been rated as the best-performing state economy for the fifth quarter in a row, with the Australian Capital Territory (ACT) maintaining the second spot. CommSec’s State of States report (pdf) measures and analyses the economic performances for each state and territory over every quarter against the 10-year average, or “normal”…

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Australian Bank Tells Distressed Property Investors to Sell

March 30, 2021
Australiaaustralian property marketcommonwealth bankCommonwealth Bank of Australiahome loan deferralInternationalproperty investmentWorld
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Commonwealth Bank of Australia (CBA) is encouraging distressed property investors to take advantage of the surging house prices and sell their properties. Listing investment properties on the market is one of several options the bank is suggesting for customers who are unable to repay their home loans, according to The Australian. “If you’re an investor,…

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