Bank net profit growth reached -29.3% in fourth quarter of 2022 in Australia, according to the National Central Bank. This is 65.5% more than in the previous quarter.
Historically, bank net profit growth in Australia reached an all time high of 624% in 1Q2017 and an all time low of -87.6% in 2Q2021.
Australia has been ranked 81st within the group of 95 countries we follow in terms of bank net profit growth.
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