Banking watchdog warns on low rate outlook

By Colin Brinsden
Updated September 13 2019 - 2:58pm, first published 1:56pm
APRA chairman Wayne Byres has warned the low interest rate environment will squeeze bank margins.
APRA chairman Wayne Byres has warned the low interest rate environment will squeeze bank margins.

Australia's banking watchdog believes the industry is in good shape as storm clouds gather over the global economy.

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