Major Banks Analysis

Innovating for growth

Major Banks Analysis November 2014

Our latest issue Innovating for growth provides analysis of Australia's four major banks year-end results and insights into what's underpinning performance, what's threatening to disrupt it and how the innovation imperative requires a change of pace.

Key highlights from the publication:

  • Australia's major banks have delivered a 5.6 per cent rise in combined underlying cash earnings of $29 billion after tax for the full year.
  • A further fall in bad debts combined with growth in core earnings and a rebound in credit demand helped underpin the record result.
  • Innovation and disruption are not new topics, but the immediacy and magnitude at which they’ve hit the Australian banking system brings a new awakening to a system which will need to leap into a new future.

Highlights

Media release

Credit Growth is Back

Please contact

Hugh Harley

Financial Services Leader
Tel: +61 (2) 8266 5746


Kate Eriksson

Principal, Head of Innovation
Tel: +61 (3) 8603 0128


Jason Juma-Ross

Partner, Digital Change
Tel: +61 (2) 8266 1252

 
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