Australia - Westpac CEO says the ‘Worst is behind us’ across consumer and business stress
Westpac CEO says the ‘Worst is behind us’ across consumer and business stress
also:
- Finance demand for M&A pipeline is stronger than expected
I'm not sure what precipitated these remarks. Oh, here we go - at the Macquarie Australia conference.
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ps. WPAC are tipping a 25bp cut from the Reserve Bank of Australia at the next meeting (May 19 and 20):
- "Lock it in: RBA to cut 25bps in May" - Westpac forecast for the Reserve Bank of Australia
NAB says 50 bp cut
- ICYMI - National Australia Bank (NAB) revised its year-end AUD/USD forecast higher to 0.70
Australia's big four banks, from L to R in the pic:
- ANZ
- NAB
- CBA
- Westpac