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CBA boss plays down fears of house price bubble fuelled by low interest rates – The Guardian
Economists at Commonwealth Bank forecast property prices will rise by 8% this calendar year
HousingEconomists at Commonwealth Bank forecast property prices will rise by 8% this calendar year
Australian Associated Press
Wed 10 Feb 2021 00.19 EST
Commonwealth Bank boss Matt Comyn has played down fears of a house price bubble fuelled by low interest rates, saying the markets growth is different to the surges of about four years ago.
Comyn was discussing the economic outlook with media after the bank on Wednesday reported a cash profit of $3.8bn for the first six months of 2020/21.
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