Experts say the market could be underestimating bad debt charges for the big four.
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Financially distressed Australians and businesses have more bargaining power as economic conditions tighten this year, and this could have big implications for shareholders in the major banks.
Many of the support measures instigated during the pandemic remain in place, including how banks interact with financially distressed customers.
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Original URL: https://www.afr.com/wealth/personal-finance/banks-tread-softly-on-bad-debts-but-will-it-last-20240216-p5f5kx
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