Commonwealth Bank profit dips, sees uptick in mortgage arrears & impairments but "resilient" economy episode artwork

EPISODE · Feb 13, 2024 · 5 MIN

Commonwealth Bank profit dips, sees uptick in mortgage arrears & impairments but "resilient" economy

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

Commonwealth Bank chief executive Matt Comyn flags an "uptick" in mortgage arrears and impairments as customers struggle with the higher cost of living. But Mr Comyn notes a "resilient" economy after the CBA posted an 8 percent fall in half year net profitn to $4.8 billion.

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Commonwealth Bank profit dips, sees uptick in mortgage arrears & impairments but "resilient" economy

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