Two-thirds of Australians hurting from rate rises - CBA boss. Philip Lowe's uncertain. episode artwork

EPISODE · Jul 13, 2023 · 4 MIN

Two-thirds of Australians hurting from rate rises - CBA boss. Philip Lowe's uncertain.

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

With at least one more interest rate rise anticipated, the boss of the nation's biggest bank says around two-thirds of Australians are now feeling some level of financial pain. Commonwealth Bank chief executive Matt Comyn warns households are only just beginning to feel the impact on households and that the next six months could be tough for struggling families. FEATURED: Matt Comyn, Commonwealth Bank CEO; Peter Dutton, Opposition Leader

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Two-thirds of Australians hurting from rate rises - CBA boss. Philip Lowe's uncertain.

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