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Chalmers’ Medicare budget, CBA’s $2.6b profit in 3 months, McDonald’s sales hit record

Chalmers’ Medicare budget, CBA’s $2.6b profit in 3 months, McDonald’s sales hit record

FEAR & GREED | Business News · Fear and Greed

May 9, 202322m 55s

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Show Notes

Wednesday 10 May 2023

Treasurer Jim Chalmers outlines a budget surplus, big changes to Medicare, a bunch of cost-of-living initiatives, and good news on inflation, in his first full budget last night. 

Also today:

  • Commonwealth Bank makes $2.6 billion in just three months, as it pulls back cashbacks in the home lending market. 
  • McDonald’s sales in Australia hit a record on the back of cups of coffee and home delivery.
  • Goldman Sachs agrees to pay $215m to end class action lawsuit

Plus don’t miss the latest episode of How Do They Afford That?

This week is about saving money on clothes. Get it from APPLE, SPOTIFY, or anywhere you listen to podcasts.

Find out more: https://fearandgreed.com.au/

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