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Storia: CBA chief sends warning after posting $11b profit — Warptech Lab News

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Storia in 4 fonti

CBA chief sends warning after posting $11b profit

CBA notched another bumper profit but chief Matt Comyn warned economic growth was slowing amid higher interest rates and inflation.

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AI · summaries

smh.com.au1 g fa

CBA profits hit $11 billion, home loan applications slump

CBA posts $11 billion profit with 7% growth, but home loan applications plunge 15% since May after government clamps down on property investor borrowing. Slowdown signals economic contraction from higher rates and inflation, reducing IT spending and enterprise investment appetite.

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CBA reports $10.9b profit but warns economic growth is slowing

The country’s largest bank said mortgage applications were down 15 per cent since changes made in the budget but appear to have stabilised in recent weeks.

Leggi questa versione → originale

Timeline cronologica

martedì 11 agosto 2026·smh.com.au
CBA profits hit $11 billion, dividend raised
Chief executive Matt Comyn said the Australian economy was resilient, helped by low unemployment and solid investment, though growth was slowing due to higher interest rates and…
martedì 11 agosto 2026·smh.com.au
CBA chief sends warning after posting $11b profit
CBA notched another bumper profit but chief Matt Comyn warned economic growth was slowing amid higher interest rates and inflation.

abc.net.au1 g fa

Live: CBA reports $10.9b profit, home loan applications down 15pc since May

CBA's $10.9b profit masks 15% home loan application drop since May, driven by budget taxation reforms and RBA rate hikes. Margin compression and declining loan volumes signal tighter tech budgets across financial sector, pressuring digital innovation and AI adoption timelines.

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theage.com.au1 g fa

Commonwealth Bank posts $11bn profit

The Commonwealth Bank today posted a profit of $11 billion.

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martedì 11 agosto 2026·

abc.net.au

Live: CBA reports $10.9b profit, home loan applications down 15pc since May

The nation's second-largest company Commonwealth Bank has announced a $10.9 billion full-year profit. The Australian share market will start its day lower on fading optimism about…

martedì 11 agosto 2026·

afr.com

CBA reports $10.9b profit but warns economic growth is slowing

The country’s largest bank said mortgage applications were down 15 per cent since changes made in the budget but appear to have stabilised in recent weeks.

martedì 11 agosto 2026·

smh.com.au

CBA profits hit $11 billion, home loan applications slump

Chief executive Matt Comyn said the Australian economy was resilient, helped by low unemployment and solid investment, though growth was slowing due to higher interest rates and…

mercoledì 12 agosto 2026·

smh.com.au

CBA posts $11b profit, but mortgage applications fell 15 per cent since May budget

CBA notched another bumper profit but chief Matt Comyn warned economic growth was slowing amid higher interest rates and inflation.

mercoledì 12 agosto 2026·

abc.net.au

Commonwealth Bank home loan applications fall 15pc since May

Australia's largest home lender, the Commonwealth Bank, has seen home loan applications tumble 15 per cent since May, after three interest rate hikes and the federal budget's tax…

mercoledì 12 agosto 2026·

theage.com.au

Commonwealth Bank posts $11bn profit

The Commonwealth Bank today posted a profit of $11 billion.

mercoledì 12 agosto 2026·

afr.com

CBA boss Comyn’s annual pay jumps above $9m amid staff wage talks

Details of Comyn’s pay and that of other senior executives come as the bank is locked in acrimonious talks with the union over a new enterprise agreement.