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Aussie banks carry heaps of risk in housing finance Do you think...

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pintohoo

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19/08/19

01:38

Post #: 40032221
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Originally posted by Parrallax2 ↑

I ended up finding an online netbank that offered good interest rate and conditions I could live with for now.

As for banks going insolvent, how does that happen and does it look like happening to any aussie banks?

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Aussie banks carry heaps of risk in housing finance

Do you think a HIGHLY leveraged highly speculative risk asset is stable?

Particularly in a large recession?

Add to that- Aussie banks now depend on foreign funds- not deposits

Ok - now guess ‘how can that happen?’
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