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Big banks grilled over profits at parliamentary inquiry

Published 29 August 2024, 10:28 am
The head of the Commonwealth Bank has challenged claims its record profits have been earned to the detriment of its customers. The chief executives of C-B-A and Westpac have fronted a parliamentary inquiry in Canberra. On the first day of hearings, both were grilled on interest rates, scams, and supporting vulnerable customers, as cost of living pressures continue to mount.
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