Noelle Williams

Noelle Williams, PwC Australia's Banking and Capital Markets Leader, offers insights into the recent performance of Australia’s major banks. She discusses how the sector is stable yet strategically transforming with new CEOs. The focus on home and business lending is shifting, driven by profitability considerations. Record deposit levels are partly due to population migration and COVID savings. Noelle also addresses the rising expense-to-income ratios, highlighting challenges with technology investments and the need for modernized systems.