Is this the end of the banks’ golden run?

At a time when unemployment is at a 12-year high and economic growth is below trend, earnings risk is increasing for banks, he said. "What’s really supporting their earnings is that credit growth is ok, bad and doubtful debts are low, their margins are solid and I tend to think that a lot of people are beginning to suspect some of those factors will be less supportive moving forward. 3 Virgin Australia reports $211. 7m loss, sells stake in … 4 Can Qantas Airways boss Alan Joyce keep his head?

Read more here: SMH


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