Commonwealth Bank is like a champion group 1 horse galloping down the Flemington straight.
It is so far in front of its competitors – ANZ, National Australia Bank and Westpac – that the chasers look like group 2 or group 3 contenders.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
