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ANZ boss Shayne Elliott warns bad loans will be a reality amid coronavirus fallout – ABC News

The boss of one of Australia’s biggest banks, ANZ’s Shayne Elliott, concedes that not all borrowers will survive the economic fallout from the pandemic, while backing the extension of loan repayment deferrals as a lifeline.

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The boss of one of Australia’s biggest banks concedes that not all borrowers will survive the economic fallout from the pandemic, while backing the extension of loan repayment deferrals as a lifeline…

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