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Westpac CEO warns of ‘higher-for-longer’ inflation, rates

Summary by The Australian
Westpac chief executive Peter King warned that Australia risks higher-for-longer inflation and interest rates unless state and federal governments prioritise infrastructure and energy transition projects.

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The AustralianThe Australian
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Westpac CEO warns of ‘higher-for-longer’ inflation, rates

Westpac chief executive Peter King warned that Australia risks higher-for-longer inflation and interest rates unless state and federal governments prioritise infrastructure and energy transition projects.

·Australia
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The Australian broke the news in Australia on Monday, November 6, 2023.
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