Australian Banking: Beware the Faceless Men

A new wave of optimism has swept across business with the ascension of Malcolm Turnbull; a rapid and remarkable occurrence given the short time frame.

Consumer confidence up 8.7% in a week; the natural party of (most) business is in front in many polls and, most importantly, there is an optimistic narrative from the man at the top as he signals not only a commitment to the digital economy, but that he understands the threats and opportunities to the nation at a time of structural change. That’s the good news.

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