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    Richard Gluyas

    Senior Business Journalist and Analyst at News Corp

    Richard Gluyas is a Senior Business Journalist and Analyst at News Corp Australia, specializing in financial markets, investment analysis, and major corporate coverage within the Australian business landscape. With a background in journalism and deep expertise in financial sectors, he has reported on and analyzed leading Australian companies such as the major banks, fintechs, and key players in the ASX200, providing in-depth performance insights and reporting on market trends. Gluyas joined News Corp in the mid-2010s after a long tenure at The Australian and has built a reputation for authoritative analysis and thought leadership in the financial press, though specific investment performance metrics or success rates are not published. He holds the CIMA Analyst credential, underscoring his specialization in investment analysis and financial reporting.

    Richard Gluyas's questions to WESTPAC BANKING (WEBNF) leadership

    Richard Gluyas's questions to WESTPAC BANKING (WEBNF) leadership • Q1 2021

    Question

    Richard Gluyas of News Corp asked for the primary drivers behind the significant improvement in the bank's internal economic forecasts between September and December.

    Answer

    CEO Peter Francis King identified two key factors: first, the actual economic rebound was faster and stronger than anticipated in prior forecasts. Second, employment recovered much more quickly than expected, with the number of employed persons returning almost to pre-pandemic levels, which supported income and confidence.

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