"millions trapped by property slump" , page-41

FW, I thought you said that this was your area of work?

All that "APRA stuff" goes straight to the P & L and balance sheet. Maybe you'd better take the time to read "APRA stuff", note 11 to the last set of CBA accounts and the balance sheet, and give us your reasons as to why the "APRA stuff" calculation of $25bn derivative liabilities on a total derivative value of $2.644tn is reasonable? For a bank with a NAV of only $35.5bn, there isn't much leeway for error in the "APRA stuff" formula.

pwinne, "our banks are robust more than we think." - why do you think they are robust? Because you read about it in a glossy magazine which threw around a few choice expressions like "liquidity", and "quality of capital" which you don't really understand? I bet the magazine doesn't understand the derivative numbers either!! And is it not all relative anyway? Like having one of the best Trabants in a Trabant owners club competition.