The trajectory of interest rates will continue to be a delicate tightrope that the banks walk between maximising profitability and keeping their customers happy and solvent.
Leading into this half-year earnings season for the big four banks, much attention was paid to the multiple moving parts likely to affect their earnings outlooks.
A rising interest rate cycle, looming inflation, cooling housing market and increased competition – all ahead of an election. So, how did they perform?
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Elio D'Amato is from the Australian & NZ team at data research firm Stockopedia.