gold, page-24962

@gozinsa

"Do you think the level of Aussie bank exposure to residential property is safe?"

What do you think the Australian bank exposure to residential property really is?
Do you know what the average LVR (Loan Value Ratio) on home lending is?
How much equity do you think Australian residential home borrowers have?
How much capital do the Australian banks have?

Until you answer those questions, and measure solvency against a plausible scenario, you have no foundation for your concern.

"We need a system re design."

Keep going! I am interested to hear how you think is should work...