EPISODE 294 - GEORGE GABRIEL
On the final edition of the Morning Mail for the week, David is joined by Evans and Partners Senior Research Analyst George Gabriel.
We provide a further update of the banking sector this morning. George discusses the current cost of funding for the banks and how this may affect their earnings over the coming 12 months if these costs remain at the current level. We also discuss the recent announcement by banks regulator APRA in regard to Basel 3 and what it means for the Australian banks.
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