Bank profits tumble as the cost of COVID hits
FEAR & GREED | Business News
<p><strong>Friday 6 November 2020</strong></p>
<p><strong>The profit of Australia’s big four banks tumbles by a third as the financial cost of the coronavirus hits the sector. </strong></p>
<p>Also today:</p>
<ul>
<li>Still no result in the US election, though Joe Biden is inching towards victory</li>
<li>James Packer may have to sell down his shareholding of Crown Resorts</li>
<li>And the return of the Aussie ute</li>
</ul>
<p>Plus an interview with concert promoter Joe Segreto about the live music industry.</p>
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