The delicate balancing act of Australia's big four banks

Our major banks are among the most cost-efficient and profitable in the world, but calls for increased competition in the sector could threaten the very stability that saw them emerge from the GFC unscathed.

It would be easy to conclude from the Bank for International Settlements' analysis of the profitability of the world’s major banks that the Australian majors are too profitable and that 'something' needs to be done about that.


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