SMH
·general
·1 hour ago
‘Ahead of us’: ANZ boss warns of future impact of Iran war
ANZ Bank chief executive Nuno Matos warned Friday that prolonged Middle East conflict poses economic risks ahead, as the bank posted $3.8 billion first-half cash profit, up 6 percent year-on-year. Higher transport costs are reducing household spending on non-essentials, Matos said, while corporate customers face potential supply constraints if oil disruptions persist.
Summary by Glance · SMH
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