NAB 0.46% $37.41 national australia bank limited

Lower economic and lending growth, increasing regulation, higher...

  1. 3,119 Posts.
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    Lower economic and lending growth, increasing regulation, higher capital reserve requirements, sustained social/political pressure all facts and probably mean flatter outlook. Recession and defaults on housing loans will do real damage. If you think that is coming sell banks. I reduced earlier and haven't gone back in as yet. ANZ and MQG are my preferred banks due to their broader businesses.
 
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