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Blog Blog Blog Blog 20 May, 2021 Author Ranina SanglapRehan Ahmad The ongoing earnings recovery at Australia s major banks may gather steam as the economy bounces back from its first recession in 30 years and global demand for commodities such as iron ore, copper and natural gas rises. Three of Australia s major banking groups reported improved cash earnings for the fiscal first half ended March 31, helped by the country s economic recovery from the COVID-19 pandemic and lower notable charges. Australia and New Zealand Banking Group Ltd., Westpac Banking Corp. and National Australia Bank Ltd. all said that credit impairment writebacks boosted their profits in the period.

New zealandNathan zaiaOmkar joshiZealand banking group ltdNational australia bankCommonwealth bankWestpac banking corpAustralian bureau of statisticsNational australia bank ltdNew zealand banking group ltdWestpac bankingOpal capitalAustralia bankAustralian bureauReserve bankபுதியது ஜீலாந்து