Commonwealth Bank of Australia Baas Matt Comyn says that despite certain risks to the world economy, Australia remains an ideal place to be.
The comments follow the news on Wednesday that MKBA has posted a non -GEAUDITED cash profit of $ 2.6 billion before the last quarter – that has risen by 6 percent compared to the earlier corresponding period, but flat with regard to the first half of the quarter.
“There is an increased risk for the world economy due to geopolitical and macro -economic uncertainty that the domestic economy could slow down,” said Comyn.
“Australia is in a relatively strong position to navigate through the challenges and Australia remains an attractive place to live and work.
“Government investments in infrastructure and services help support employment and growth, and underlying inflation is moderating.
“We remain aimed at supporting our customers, maintaining consistent and disciplined implementation, investing in our franchise and generating sustainable returns for our shareholders.”
MKBA said the market that it paid $ 3.8 billion in dividends during the quarter, which benefited around 814,000 shareholders, together with the Superannuation accounts of 13 million Australians.
From 8 am AWST, CBA shares were last traded at $ 166.14.
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