ANZ may really suffer due to these draconian measures and the end of the economy and economic confidence in a Victoria infected by the current tsar?.
He may have locked up Melbourne for six weeks but it may have destroyed Melbourne for six years or perhaps more? More deferrals, more LMI usage, ANZ does its own. will offshore capital ever return?
Linda Dessau really needs to act on him and do a Sir John otherwise I fear ANZ’s days as a stand alone bank are numbered unfortunately.
APRA will need to consider banking amalgamations and getting the Federal Government to abolish the Four Pillars Policy.
Sydney based CBA is too powerful to get another banking one and had the adversity of the issues of BankWest.
NAB can combine with BOQ?
ANZ will probably be merged and Re centered to Sydney being taken over by Sydney based WBC?
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