Moody's: Federal Government Budget Measures Add Pressures To Profitability
Announcement: Moody's: Federal Government Budget Measures Add Pressures To Profitability. Global Credit Research- 10 May 2017. Sydney, May 10, 2017-- Moody's Investors Service says that measures and initiatives announced in the Australian Government's Federal Budget for the fiscal year 2017-18 will create additional headwinds for the Australian banking system, at a time when earnings and profit growth are already constrained.
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