Original article by John Kehoe
The Australian Financial Review – Page: 1 & 12 : 7-Oct-16

Federal Treasurer Scott Morrison has addressed the American Australian Association during a visit to the US. He stressed the need for banks to be profitable, financially strong and well-regulated, and warned that jobs in the sector would be at risk if Australia’s strong banking system were to be undermined. Morrison has also highlighted the importance of the banking industry in attracting offshore capital. He has also told ratings agency S&P Global that Australia boasts stronger economic growth and lower debt than other countries with a triple-A credit rating.

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