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The swagger’s back: Commonwealth Bank announces $7.3b profit

The swagger’s back: Commonwealth Bank announces $7.3b profit

FEAR & GREED | Business News · Fear and Greed

August 12, 202019m 29s

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Show Notes

The Commonwealth Bank reports a $7.3 billion half year profit, as other corporates feel the impact of COVID-19.  But the market’s reaction to CBA’s result has been interesting.

Also today:

  • A stunning contraction in the British economy
  • Wages growth in Australia slows to its weakest level in 23 years
  • And cyber security laws come under the spotlight

Plus an interview with Australian Hotels Association CEO Stephen Ferguson about the plight of the hotels sector.

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

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