CommBank's Household Spending Intentions (HSI) Index for November was 110.3 - the highest level since December 2019.
New research by CommBank revealed the so-called 'generation of spenders' would actually rather invest their money.
CBA has announced it will offer eligible small businesses a zero interest business loan with a three month repayment holiday.
CommBank, Suncorp, and ME Bank have increased fixed interest rates by up to 62 basis points.
The big bank predictions are piling in and on Monday CommBank forecast a further rise in home prices in 2022 before a pullback in 2023.
CommBank launched new brand and deal discovery app 'Cheddar' through its venture-scaling entity, x15ventures, geared towards Gen Z and Millennials.
The updated index launched by Commonwealth Bank of Australia combines an analysis of spending data and loan application information with Google Trends' publicly available search activity.
On Friday CommBank increased fixed home loan interest rates, this time by up to 50 basis points.
CBA will initially provide customers with access to ten selected crypto assets including Bitcoin, Ethereum, Bitcoin Cash and Litecoin.
Stronger economic outcomes are on the horizon, following high vaccination rates and states re-opening early according to CBA economists.