CBA's economic warning amid record $11bn profit | World-first minimum pay for food delivery drivers

Commonwealth Bank CEO Matt Comyn warns economic growth is slowing, as Australia's second-largest bank posts a record full-year profit of $10.9 billion; and the Fair Work Commission has approved new gig work standards for food delivery drivers, including a minimum pay rate of $31.30 per hour, starting from next week. SBS News is Australia's trusted news source for the latest news from Australia and across the world. Subscribe to the SBS News YouTube channel: https://www.youtube.com/@SBSNews Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au Follow SBS News on X: https://www.twitter.com/SBSNews Follow SBS News on Facebook: https://www.facebook.com/sbsnews Apple News: https://trib.al/MTx0gUe For the latest news, visit www.sbs.com.au/news Network Terms & Conditions: https://sbs.com.au/terms Privacy Policy: https://sbs.com.au/privacy Feedback or complaints: https://sbs.com.au/complaints