I think the half year reporting is going to go along way in showing what the banks look/feel/need to do.
With commodities at these prices, surely it is entirely unsustainable for the small and mid spec commodity players (perhaps even the big boys - santos has a lot of debt). Presuming they have debts to banks that cant be repaid, leading to a rise in bad debts that hit the banks, then I agree with you that rates will go for a little jog up the hill.
- Forums
- Property
- Property prices to unravel
I think the half year reporting is going to go along way in...
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)