Swap,
A good summation of the story so far
interesting quote
In the AFR p61 today, (quote) �Westpac revealed that it had about $8bn in exposures related to lending for commercial property but a review following difficulties with a high-profile player (understood to be Centro Properties Group), had found no issues in Westpac�s portfolio� (end quote)
The AFR reporter may need a new crystal ball, I don't believe that this bank are exposed to CNP
IMHO
OAW
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