INSIDE INVESTOR: Banking on yield

With bank profits likely to remain high and interest rates low, the strong yields provided by banks will continue to make them a popular choice for investors.

When they write the economic history books, 2012 will be remembered as the Year of the Bank, at least in Australia.

While they were caught up in the fall out, our banks largely missed out on the calamity that afflicted global finance more than four years ago because they barely dabbled in the toxic investments that brought Wall Street and European banks undone.

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