Australian interest rates Australian Property

Suncorp goes full blown rate hike in “sobering” market

Tuesday, 13 June 2017

These are “sobering times” in the banking sector, David Carter, chief executive officer, banking and wealth at Suncorp says.

“I suspect that credit growth is slowing,” Carter told Banking Day last week.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.