Interview: What we've learnt from the bank results
FEAR & GREED | Business News · Fear and Greed
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Show Notes
With the last of the big banks reporting their full year results this week, we now have a pretty clear picture of how the sector is travelling. Combined headline cash earnings are up 7% to $28.5 billion - but the solid result comes with a warning about inflation, interest rate rises and the economic outlook ahead.
Doug Nixon, Oceania Banking and Capital Markets Leader at EY, talks to Adam Lang about the health of the big banks and the forecast for the future.
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