The statutory accounts will record that CBA pushed through a loan impairment expense of $440m of H1, down 4 percent from $457 million in the corresponding prior period.
Regulators would do well to monitor lending excesses as the cost of borrowing continues to decline.
Interest rates to fall further
After yesterday's soft jobs report futures markets priced a 73 percent chance of another cut.
The view may very well be that if interest rates do need to fall again, then it may just as well be next month.