Big Four Face Grilling: Australia Briefing
Question time for the Big Four.
Photographer: Ian Waldie/Good morning, it’s Ed here in Sydney. Here’s the news you need to start your day...
Today’s must-reads:
• Trade talks with the European Union are deadlocked
• Australian consumers remain “deeply pessimistic”
• New Zealand is expected to leave interest rates unchanged
The heads of Australia’s biggest banks are scheduled to appear in front of Parliament’s Economics Committee today and tomorrow. First up are ANZ and NAB CEOs, from 9.15am in Canberra, with the heads of Westpac and CBA to follow Thursday. They’re expected to be grilled on everything from the cost of living and the housing market to bank fraud. There’s another banker in the spotlight today: RBA Governor Philip Lowe speaks from 1pm in Brisbane. Follow us on on Twitter for developments as they happen.