Banks not seeing mortgage stress, airfares fall, how one company caused a baby boom
FEAR & GREED | Business News
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Commonwealth Bank Chief Executive Matt Common Defends the Bank's Profitability
Westpac boss Peter King said savings buffers that Borrow was built up during the pandemic were starting to run down after 12 interest rate rises in 14 months. For now, King said credit quality remains sound and the level of stressed assets is at historical lows. Commonwealth Bank Chief Executive Matt Common says his bank is seeing most financial stress among people younger than 35 years.
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