Commonwealth Bank Of Australia (CBA.AX) reported third quarter statutory NPAT of approximately A$2.6 billion. Cash NPAT was approximately A$2.7 billion, up 4% on the prior comparative quarter. "We are closely monitoring the impacts of the Middle East conflict and the broader macroeconomic environment. The Australian economy continues to demonstrate resilience, but supply chain disruptions, higher prices and interest rates are expected toweigh on household spending and business activity," said CEO, Matt Comyn.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.