What the depression in Australia would do to apt, page-154

Does a risk exist that if the problem was big enough these ratios may not be enough?

NAB has cap raised to sure up the balance sheet in a decline, signals they are concerned.

To link this back, these concerns of downturn broadly do knock on to APT, as you have covered well which it could ride out within reason. The primary issue APT in the dislike group seem to play on is speculation.

My thought is what if this is the biggest downturn we have seen? Do govs have enough ammo to stem the tide? At the moment with current markets where they are, id say yes. But if flow on of unpaid bills continues then it is a house of cards without more stimulus.

And yes I agree this itself is speculation, we do not know the future good or bad outcomes only risk avoidance.