Big banks’ profit challenge; cattle prices hit 2-year high; Microsoft slashes jobs
FEAR & GREED | Business News
<p><strong>Wednesday 14 May 2025</strong></p>
<p><strong>Australia’s big banks report more than $15 billion in half year profits, but future growth looks tougher. </strong></p>
<ul>
<li>Local cattle prices hit a two year high </li>
<li>Microsoft joins others in big tech to slash staff</li>
<li>The latest wages data shouldn't prevent an interest rate cut next week </li>
<li>Shiraz becomes our top wine export</li>
</ul>
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