1H24 Financial Results

The Australian economy Slowing growth, remains resilient Labour demand weakening¹ Labour demand Index Unemployment to rise from here² Unemployment rate (with CBA forecast) Government investment and spending supporting the economy² % Index 100 in 2015 8 170 Public investment 250 Applicants per ad 160 7 200 Job advertisement index Unemployment rate 150 150 100 585 6 140 CBA 130 5 forecast Public consumption 120 110 GDP 4 100 0 3 Dec 08 Dec 13 Dec 18 Dec 23 Dec 10 Dec 15 Dec 20 Dec 25 90 Dec 14 Dec 16 Dec 18 Dec 20 Dec 22 Private business investment due to lift² CAPEX $Abn 240 External sector performing well³ Quarterly trade balance Leading to a better budget balance4 Federal budget balance Implied Intentions $Abn $Abn 50 50 Non-mining 180 Mining 120 40 0 30 -50 20 -100 10 60 -150 60 0 -10 -200 0 -20 -250 Dec 02 Dec 07 Dec 12 Dec 17 Dec 22 Dec 09 Dec 11 Dec 13 Dec 15 Dec 17 Dec 19 Dec 21 Dec 23 Dec 15 Dec 17 Dec 19 Dec 21 Dec 23 1. Source: Seek. 2. Source: ABS, CBA. 3. Source: ABS. 4. Federal Government. 138

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