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Australian banks have increased their business in the global market. Explain how does this global business...

Australian banks have increased their business in the global market. Explain how does this global business activities affect their profitability.

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It can be mentioned that Australian banks have increased their business in the global market and this enables them to take the comparative and competitive advantages in the the countries where they actually get to operate as a result of which economies of scale can be perceived and this is clubbed with revenue the profit can increase more proportionately as a result of which the profitability of the country increases in this can lead to economic growth all in all when profits are directed back to the home country

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