CORYTALKS

#184 Interest rates AND bank profits up


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Hi and welcome, this is Cory…
Rightly or wrongly, pressure was already being applied to Reserve Bank of Australia Governor, Philip Lowe with nine successive Interest Rate rises, but Lowe defending huge bank profits was a bridge too far for many.
https://www.abc.net.au/news/2023-02-15/philip-lowe-defend-interest-rate-rise-inflation-wages/101976496?utm_campaign=abc_news_web&utm_content=mail&utm_medium=content_shared&utm_source=abc_news_web
https://www.theguardian.com/australia-news/2023/feb/15/commonwealth-bank-profit-jumps-to-515bn-amid-rising-interest-rates
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CORYTALKSBy Cory O'Connor

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