Australian banks will be around for sure but at what price. Australia is possibly entering into a negative interest environment and if you looks at say deutsche bank which is operating in an negative interest environment their share price has fallen below 8 dollars from 40 dollars over a 4 year period.
$12 next stop?, page-76
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| Open | High | Low | Value | Volume |
| $29.51 | $29.70 | $29.37 | $94.42M | 3.200M |
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| No. | Vol. | Price($) |
|---|---|---|
| 20 | 4248 | $29.55 |
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| $29.57 | 7269 | 21 |
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