Breakfast

The financial crisis has yet to have a major impact on Australia's regional banking sector. Regional banks such as the Bendigo and Adelaide, Bank West and St George actually increased their profits this past financial year, while the four major banks saw their earnings fall, according to a KPMG survey out yesterday. But the regionals are facing significant challenges. Westpac's takeover of St George could trigger further consolidation in the sector. And as the downturn reaches beyond the cities, the banks will see their bad debts rise.

Guests

Rob Hunt
Managing Director, Bendigo and Adelaide bank

Reporter

RN Breakfast Business Editor Sheryle Bagwell

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