My point was that AMP which is considered a non bank lending together with the finance companies industry is going to profit big time according to the article A41 was implying. AMP has also followed the big 4 by restricting lending. That will leave the smaller non banks to absorb the leftover of investor loans rejected by the big players, shadow banking I would imagine expanding this loan space. Was APRA that short sighted or is this a non event?
HotCopper & The Market Online will be live From the Floor at the Mining News Select Conference and we want to bring the voice of our online audience to the show with us.