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The unlucky country: Part 3
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The unlucky country: Part 3

Australia's highly concentrated retail banking sector

Aug 06, 2020
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Valuabl
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The unlucky country: Part 3
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Dear Reader,

For your reference, the three main problems with the Australian economy are: 

  1. Low and declining economic complexity.

  2. Enormous household debt.

  3. Concentrated banking sector.

We covered the low and declining level of the Australian economy’s economic complexity in Part 1 and the enormous amount of household debt in Part 2. We will now look at the hi…

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