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Aussie govt woes hurting business confidence: bank chief

Commonwealth Bank of Australia issues warning as it posts H1 cash profit of A$4.6 billion, up 8 per cent

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Australia's top lender said it was watching carefully for signs of a housing market bubble, in case one developed.

Sydney

THE head of the Commonwealth Bank of Australia (CBA) warned on Wednesday that uncertainty over the country's leadership and policies was hurting business confidence, offering unusually sharp criticism of the government from a business leader.

Prime Minister Tony Abbott this