Australia banks face profit squeeze on rising costs, mortgage competition

Australia banks face profit squeeze on rising costs, mortgage competition
Australia banks face profit squeeze on rising costs, mortgage competition Enlarge By Sameer Manekar (Reuters) – Australia’s biggest banks are likely to report weaker first-half profit as high operating costs and competition to sell mortgages and deposits squeeze margins, setting up a possible reversal of a stock rally that analysts said has left the sector […]










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