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So now we know what kills Aussie banks: sunlight

May 22, 2019 - 11:45 -- Admin

Over the past year there has an ongoing debate about Australia’s little financial crisis. It was the dramatic widening of bank-to-bank funding costs. Coats starting falling as the Hayne Royal Commission wound up. Westpac explained the spread compression then by observing an abundance of cash: Is the lack of a March “turn” a sign of things

The post So now we know what kills Aussie banks: sunlight appeared first on MacroBusiness.

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