Well from just to sum up, we had the 3/4 majors (exc CBA) report in the past several weeks.
Ground hog day, just more of the same, below grade results in spite of a strong economy, widening NIM's, property market still performing but under pressure, consumer spending still strong, dividends under whelming, same old type of reporting from pampered protected bankers, no sense of reform, status quo prevail, nothing for investors all for the bankers. Moving inexorably to moribund utility type existence further out, have to keep it to a whisper, the bankers cheer squad get awfully vocal if any contestability.
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- AUSTRALIAN BANKING SECTOR FINAL RESULTS 2H2022
AUSTRALIAN BANKING SECTOR FINAL RESULTS 2H2022, page-18
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