1H24 Financial Results
Key Australian economic indicators 1 (June FY)
GDP %
Financial year average
GDP
Nominal GDP
4.3
11.8
3.1
9.7
2.1
1.9
5.3
1.3
3.9
4.2
Cash rate %
0.85
0.10
2024
2025
4.10
4.35
3.10
Dec Jun Dec Jun
22 22
21
2021
2022
2023
4.35
3.60
2024
2.85 2.85
2025
Headline CPI %
Year on year, June quarter
6.1
3.8
6.0
3.4
2.9
Unemployment rate %
June quarter average
5.2
4.3
4.6
3.8
3.6
2021
2022
2023
2024
2025
2021
2022
2023
2024
2025
Total credit growth %
Selected credit growth %
12 months to June
12 months to June
Housing credit
Business credit (excl. fin ins.)
8.6
4.5-6.5
7.9
5.5
4.0-6.0
4.0- 5.0-
6.0 7.0
5.4
3.1
4.5
12.0
8.3 5.0-
7.0
4.0-
6.0
Dec
23
23
Jun Dec
24 24
Jun Dec
25 25
Actual
1. Source: ABS, RBA and CBA Global Economic and Markets Research.
2021
2022
2023
2024
2025
Forecast, CBA Global Economic & Markets Research
0.1
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