Banking sector’s strong 2024 performance impacted ASX 200 results

Last year, the ASX 200 climbed around 7.5 per cent due to a strong performance from the banking sector. This year, interest rates in Australia are expected to fall, which means fewer returns for the banks and potentially a weaker overall performance. Wilson Asset Management Senior Investment Analyst Anna Milne joined Sky News Australia to discuss the issue and to break down the latest data.