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Based on the 2022 financial year information given below, we surmise that large NZ banks have more market power hence they can earn higher, possibly

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Based on the 2022 financial year information given below, we surmise that large NZ banks have more market power hence they can earn higher, possibly excess profits, than banks in Australia. However, based on this information, it appears NZ banks are riskier and more vulnerable to adverse shocks than Australian banks. True or Faise? (Word limit 300)

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