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While the prudential regulator sees more stresses ahead for banks, top CEOs worry the sector has become too risk-averse. They’ve got three big ideas to drive growth.
Ahead of Tuesday’s Reserve Bank board meeting, the bank says “the vast majority of customers” are adapting to the high interest rate environment.
Over 1,200 branches have closed in six years
The latest Peter King news, articles and analysis from the Brisbane Times
Bank profits are surging to record highs thanks to the sharp rise in interest rates. But investors are debating how long the good times can last.