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Banking sector reacts to budget
Manage episode 418447414 series 5428
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
11092 episodes
Manage episode 418447414 series 5428
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
11092 episodes
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