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NAB shows valuation puzzle for banks as reality bites – The Australian Financial Review

NAB’s June quarter numbers again show growth is getting harder to find for the banks as low rates bite. Can bank shares continue…

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Thats not to say that McEwan isnt running a tight ship. Home loan growth at 2 per cent and SME business lending growth at 4.3 per cent were above the growth rates in the broader banking system.
Perhaps even more impressive was the fact that expenses fell…

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