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Flat White

Australian banks need to be making much bigger losses on their lending

18 March 2024

2:30 AM

18 March 2024

2:30 AM

At a recent event I met and had a long chat with a retired economist who, in his professional career, specialised in providing advice on how to formulate taxation policy in Australia. He’d worked in Canberra’s public service and then set up a consultancy to do similar work but at a vastly higher hourly rate.

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