Fitch Ratings report “What Investors Want to Know: Australian and New Zealand Banks”
- rapid rate hikes to address inflation will result in a more challenging environment for banks in Australia and New Zealand through the remainder of 2023
- Solid underlying fundamentals ... robust regulatory oversight leave banks well placed to withstand these challenges, underpinning rating
More at that link above if you are interested.
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Yeah, so far Australia and New Zealand banks have been (relatively) unscathed by banking sector woblles.
