Australia's Big 4 Bank's are shi tting themselves (this comes from a manager of one of the big 4 )
That the govt is going to allow Chinese banks into Australia
In doing so when the Chinese banks arrive there will be a boom like never seen before (say a drop of 1 % on housing loans
overseas investors flooding the country renting there houses to Australian's
Who are more worried about Plastic bags and the environment After being sold the story Doh !!
When Australia exports $1 Billion worth of coal a week to India and China to burn in there power stations
Once they have a foothold on the rental market rents will go up As Australians wont be able to afford houses (all be it with less said plastic bags in them )
