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Welcome to the “Australian finance crisis of 2018”

April 23, 2018 - 08:30 -- Admin

Via Ian Rogers at Banking Day: The Australian finance crisis of 2018 is roaring, producing an immediate and lasting credit crunch. All banks are tightening scorecards to lift expenses and frame credit analysis on realistic incomes, a secular change sure to impede system credit growth. The combined work of the Hayne Royal Commission and APRA

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