Australia Banking & Financial Services Q1 2019
Australia's banking sector is likely to slow as the overvalued housing market cools and a sharper-than-unexpecteddownturn could undermine overall financial and macroeconomic stability. Meanwhile, the mature insurance sector will likely expandat a steady rate over the long term. Australia’s asset management industry will remain in pole position in the region in terms ofassets under management because of significant amounts of superannuation funds.
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