State vs. State: Economic rankings tighten in CommSec State of the States
A significant compression has seen little to separate five of seven economies. https://t.co/rTwUoVR7Kt
The Australian economy (as measured by GDP) grew by 3.3 per cent in the September quarter – the most since 1976 – after contracting by a record 7 per cent in the June quarter and slipping 0.3 per cent in the March quarter.
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Did someone say Home prices? Values rose in all eight capital cities in November, with many regional centres also hitting record highs. #commbanklife https://t.co/hTI2wJjIZl
How are medical practices adapting to the challenges Covid-19 has brought? From the rise of telehealth, to the expansion of the range of services offered, CommBank’s latest edition of the GP Insights Report explores these topics.…https://t.co/VXoSi88cqG https://t.co/fqCjvObraa
Read Commsec’s latest State of the States economic performance report at - https://t.co/CxadGB9PI8
WA tops the annual changes on three economic measures: Retail Trade, Equipment Investment, and Construction Work. https://t.co/Ourqdu9G2r
"Extraordinary" budget focuses on a jobs-led recovery -
A central plank of the Budget and a core part of the new "Jobmaker" measures is the ability of almost all Australian business (those with an aggregated annual turnover of l…https://t.co/nUHgRZr8Nq https://t.co/ETFXM8UiWd
The two Townsville-founded companies have joined forces to form a new company called Mitti, which is aimed at reimagining the traditional relationship between businesses and insurance. https://t.co/UsB1IfJ7E7
CBA’s Chief Economist Stephen Halmarick has labelled the 2020 Federal Budget "extraordinary". We look at some of the key budget initiatives that are aimed at supporting and creating jobs across the economy. For more: https://t.co/8qE4NGhoZB
Banks and the Property Council have welcomed plans to remove ASIC from policing responsible lending laws, saying this will speed up loan approvals and bring investors back to the real estate market. https://t.co/Oz8tHoStwO
Did you know: Commbank publishes its Global Economic & Markets Update by podcast?
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CBA has approved more than $555 million in SME Guarantee support loans for over 6,500 small and medium businesses impacted by the coronavirus pandemic. For more: https://t.co/TzxRK6dk60
Customers can also access the Government’s SME Guarantee Scheme and a range of other support measures through our relationship managers, call centres and website. We have approved more than $375 million in SME Guarantee Loans over the last month. 2/2
3/3 “These loans will help a lot of businesses to stay afloat and keep many Australians in jobs. CBA will take up its full allocation of funding under the first round process to support our SME customers through this crisis. We stand ready to help as many businesses as we can.”
2/3 "Since the scheme’s launch two weeks ago, Commonwealth Bank has already approved and started advancing more than $150 million in loans for over 1,850 small and medium sized businesses across Australia which have been impacted by the coronavirus pandemic.
1/3 CBA CEO Matt Comyn said: “We welcome today’s announcement by the Government about the allocation of $40 billion of funding under the new SME loan guarantee scheme.