Attempting building BEN still into a top four major bank after all script TO still a lot less risky than borrowing US$23B to build mining infrastructure in risky nations!
No pressure on existing aussie IO business at all!
Major banks in strife at present because they destroyed their own brand and government policies that dont recognise the 24 to 40 years are the big spenders of the economy and require secure jobs to get loans so they can spend!
How much trouble would they be in should a well respected name enter the banking sector?
Iron ore price, page-17341
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