How the Big Four are making bank in a cost-of-living crisis

Published: Nov. 14, 2023, 2 p.m.

b'The day after the Reserve Bank of Australia raised interest rates for the thirteenth time, Australia\\u2019s major banks started reporting huge profits. And it\\u2019s not just banks that are doing well, with some older Australians \\u2018living large\\u2019 at a time when many are struggling to pay their mortgage and their rent. Guardian Australia\\u2019s senior business reporter Jonathan Barrett speaks to Jane Lee about the great divide in Australia\\u2019s economy You can subscribe for free to Guardian Australia\\u2019s daily news podcast Full Story on Apple Podcast, Spotify and Google podcasts'