Podknife - Banking sector reacts to budget by RN Breakfast

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Banking sector reacts to budget

Podcast |: RN Breakfast - Separate stories podcast
Publisher |: ABC Podcasts
Media Type |: audio
Podknife tags |: Australia,; Interview,; News & Politics,; On The Radio
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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