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Banking sector reacts to budget
Publisher |
ABC Podcasts
Media Type |
audio
Categories Via RSS |
Daily News
News
Publication Date |
May 15, 2024
Episode Duration |
00:12:05

Before Tuesday's federal budget, the big four banks were predicting interest rates to start falling before the end of the year.

But in response to what they say is "expansionary" spending, including tax cuts and billions for renewable energy infrastructure, some economists are changing their tune. 

Guest: Anna Bligh, CEO of the Australian Banking Association

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