Podknife - CBA CEO warns of 'difficult' year ahead by RN Breakfast

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CBA CEO warns of 'difficult' year ahead

Podcast |: RN Breakfast - Separate stories podcast
Publisher |: ABC Podcasts
Media Type |: audio
Podknife tags |: Australia,; Interview,; News & Politics,; On The Radio
Categories Via RSS |: Daily News,; News
Publication Date |: Feb 14, 2024
Episode Duration |: 00:10:39

The Commonwealth Bank of Australia has unveiled a $5 billion dollar profit for the second half of 2023. But cash profit was down 3% on the first half of 2023, with the result falling slightly short of market expectations

Speaking yesterday, CBA CEO Matt Comyn warned the economy faces downside risks as cash-strapped consumers cut back their spending.

Guest: Matt Comyn, CBA CEO

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