Their half year results seem to reflect a drop in LIE...
However they look less that excited in the outlook:
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There stress test is quite interesting.....Would like to hear anyone justify this one....31% reduction in house prices, 11% unemployment, cash rate at 0.5% (unlikely and not necessarily going to help their funding costs in that scenario anyway) and net losses are only 1.2 billion? despite their current loan impairment charge is still over 1 bill and times are rosy? Happy to be educated on how this is even possible.
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This one is my favorite.....
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Their half year results seem to reflect a drop in LIE... However...
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