Stephen Halmarick

At-a-Glance

Chief Economist at Economics Unchained, an economics consulting business he established in May 2025.
Senior Australian Analyst for The Observatory Group, appointed in February 2026.
Member (non-director) of the Investment Committee for UniSuper since August 2025.
Served as Chief Economist and Head of Global Economic & Markets Research at Commonwealth Bank of Australia from January 2018 to January 2025.
Pioneered the Household Spending Insights (HSI) research product and the Sustainable Economics research strategy at CommBank.
Member-elected director on the Commonwealth Bank Group Superannuation Board from 2016 to 2024.
Chaired the Australian Business Economists from 2008 to 2017.

Biography

Stephen Halmarick is an economist with 40 years of experience in banking and financial markets. In February 2026, he was appointed Senior Australian Analyst for The Observatory Group. Since August 2025, he has served as a member (non-director) of the Investment Committee for UniSuper, one of Australia's largest superannuation funds.