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Australian bank investors brace for tough times as mortgage demand plummets

Australian bank investors face a challenging period ahead as demand for mortgages falls sharply, signalling weaker earnings and tighter margins for the country's major lenders.

Australian bank investors brace for tough times as mortgage demand plummets
Australian bank investors brace for tough times as mortgage demand plummets
Hite, Lewis Cass · Public domain · rights

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Australian bank investors face a challenging period ahead as demand for mortgages falls sharply, signalling weaker earnings and tighter margins for the country's major lenders.