Australia has plenty of productivity challenges of its own, but Matt Comyn and Andrew Irvine see the US president’s policy chaos lingering for some time to come.
While there was no shortage of meaty topics discussed at the Financial Review Banking Summit in Sydney on Tuesday, the talk over coffee and lunch was all about a man who wasn’t there: Bank of Queensland chief Patrick Allaway.
Doing the rounds was a link to his unfortunate appearance on A Current Affair on Monday night. Allaway was buttonholed at home and asked why BOQ had not passed on the cut in the cash rate to customers of its subsidiary Virgin Money. In the course of the awkward interview, Allaway was challenged as to why the mortgage on his Sydney home is held by Westpac.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
