FEAR & GREED | Business NewsFEAR & GREED | Business News

Big banks’ profit challenge; cattle prices hit 2-year high; Microsoft slashes jobs

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Wednesday 14 May 2025

Australia’s big banks report more than $15 billion in half year profits, but future growth looks tougher. 

  • Local cattle prices hit a two year high 
  • Microsoft joins others in big tech to slash staff
  • The latest wages data shouldn't prevent an interest rate cut next week 
  • Shiraz becomes our top wine export

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