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But the Commonwealth Bank, Australia's biggest home lender, is now expecting the Reserve Bank to cut rates in 2024, with its head of Australian economics Gareth Aird declaring the next move was more likely to be a cut.
Commonwealth Bank nevertheless sees the "tailwinds of a recovery" in the economy with a rising population, high commodity prices and low unemployment, said chief executive Matt Comyn.
Commonwealth Bank Regional and Agribusiness Executive General Manager Paul Fowler said more agribusinesses were turning to CBA's sustainable finance solutions to help build resilience into their day-to-day operations.
Data from Commonwealth Bank of Australia showed that younger Australians who are renting or have mortgages are cutting back on purchases, while older Australian who benefit from higher savings rates are still spending.
Jo Boundy, CMO at Commonwealth Bank, said: “Commonwealth Bank helps more Australians manage their finances than any other bank.
Source: https://mumbrella.com.au/medium-rare-adds-cba-to-its-client-list-780661
Jo Boundy, CMO at Commonwealth Bank, said: “Commonwealth Bank helps more Australians manage their finances than any other bank.
Source: https://mumbrella.com.au/medium-rare-adds-cba-to-its-client-list-780661
The Commonwealth Bank, like other employers, is demanding workers return to the office for a fixed period each week, arguing that “connection, innovation and the ability to build and strengthen relationships’’ is a key part of any workplace.
Source: https://thenewdaily.com.au/finance/work/2023/07/14/work-from-home-madonna-king/
The Commonwealth Bank of Australia introduced measures to limit its customers' ability to send money to crypto exchanges due to crypto-related scams.