Is the party over for Big Four bank profits?
ANALYSIS: Margins are tighter, even though banks have higher interest rates on their side.
WATCH: NBR senior journalist Lachlan Colquhoun speaks with Dita De Boni.
When banking chief executives talk about “challenges in the operating environment” it is a barely concealed euphemism for the fact that business has started to slow down and margins are getting thinner.
In the last few weeks a variation on that cliché has been trotted out by each of the four
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