Banks' rosy results season; AI anecdotes at Macquarie's Australia conference
It was a big week for banks. NAB, Westpac and ANZ posted their half-year earnings this week, projecting a rosy outlook as the RBA struck a far more sombre tone with its latest rate decision. Commonwealth Bank was also in the news after Apple’s submission to a parliamentary inquiry into digital wallets, where the tech giant singled out the bank as being ‘self-serving’.
Meanwhile, at the Macquarie Australia Conference, the heads of corporate Australia’s biggest companies all had an AI anecdote.
We discuss:
The decade-long drama between Apple and CBA
What the big four bank earnings actually tell…
The skinny
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