You have got to be joking.Our country retail tenants will pay for this decision watch the bankruptcies next year and believe me Centro shopping centres will be ghost towns of vacant shops. Go and ask any tenant how they are going.This just shows how ludicrous our banks are. My mortgage is in default and Its only worth 80% of what I borrowed I will just ask for a new arrangement like what a joke.Plus I will ask the bank to make the repayments for a few years. C'mon people.Take a profit on the hype.Good Luck.
CNP Price at posting:
8.7¢ Sentiment: None Disclosure: Not Held