Three of the big four banks have all reported results - NAB, ANZ and Westpac - with the CEOs of all three less than two years into their roles. It's a highly competitive sector across business banking, home lending and deposits. But the expense to income ratio across the big banks is over 50 per cent – the highest level in 15 years.

Sean Aylmer speaks to Noel Williams, PwC Australia’s Banking and Capital Markets Leader, about the key trends within the big bank results.

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Three of the big four banks have all reported results - NAB, ANZ and Westpac - with the CEOs of all three less than two years into their roles. It's a highly competitive sector across business banking, home lending and deposits. But the expense to income ratio across the big banks is over 50 per cent &ndash; the highest level in 15 years. Sean Aylmer speaks to Noel Williams, PwC Australia&rsquo;s Banking and Capital Markets Leader, about the key trends within the big bank results. EXCLUSIVE&nbsp;NordVPN Deal ➼<a href="https://www.google.com/url?q=https://nordvpn.com/fearandgreed&amp;sa=D&amp;source=calendar&amp;ust=1763202457866620&amp;usg=AOvVaw1c9VhdOP94SnAzh_A5nEpk">&nbsp;https://nordvpn.com/fearandgreed</a>.&nbsp; Try it risk-free now with a 30-day money-back guarantee 🌍

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Business news you can use. A daily business news podcast with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>.&nbsp;Find out more at&nbsp;<a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Q+A: Why the big banks are spending so much money

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/7e3b9e02-d170-4eb8-a1a7-b39100abb675/transcript

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