AFG 1.07% $1.42 australian finance group ltd

Ann: Becoming a substantial holder from PPT, page-6

  1. 675 Posts.
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    Headline from today's AFR Banking Summit

    Westpac CEO says mortgage market is ‘the most competitive’ he’s seen. Peter King says home loans are being written with good credit quality, but the returns don’t stack up.

    Sounds like the big banks are losing money with their incentives. Must be getting to the point where they will back off

    Cheers Westwind
 
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