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The swagger’s back: Commonwealth Bank announces $7.3b profit

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The Commonwealth Bank reports a $7.3 billion half year profit, as other corporates feel the impact of COVID-19.  But the market’s reaction to CBA’s result has been interesting.

Also today:

  • A stunning contraction in the British economy
  • Wages growth in Australia slows to its weakest level in 23 years
  • And cyber security laws come under the spotlight

Plus an interview with Australian Hotels Association CEO Stephen Ferguson about the plight of the hotels sector.

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