Zip accuses banks of anti-competitive behaviour, RBA eyeing Apple, page-20

not worried about the banks - worried about the consumer and the property market - just trust me when i say there are some very very loose policies out there and there are some very big innovations in processes at certain banks which are leading to checks being missed and issues creeping in - its like watching in slow motion - assessment rates have never been lower servicing passes can pass by $1 and all good - there are a lot of insane things happening because the banks are competing and cant make rates lower so hey we can lend you more than someone else is a cross sale - i a 10 year optimist for the economy i just am of the opinion a correction/down turn is brewing - if the economy grows YOY and more money keeps pumping in and rates dont increase more than 1% per year from 2024 we be fine BUUUUT if mining slows - immigration stalemates and rates increase slightly - theres multiple other things that could put a whole in the ship - we could see an 08 like correction/down turn - IMO DYOR I know nothing.