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 Post subject: Re: Ominous signs in Australia
PostPosted: Mon Jan 14, 2019 5:32 am 
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Joined: Nov 6, 2006
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Location: Hollywood
https://www.reuters.com/article/us-aust ... SKCN1P803G

Quote:
Australia’s big banks may struggle to raise the amount of extra capital they require under new rules proposed by the country’s banking regulator, a senior executive at Westpac Banking Corporation (WBC.AX) said in an interview published on Monday.

APRA said it wants the country’s four biggest lenders to raise their available capital by 4 to 5 percentage points by 2023 from the current 14.5 percent of total risk-weighted assets.

The buffer would bring Australian banks in line with new international standards developed by the Basel Committee on Banking Supervision and adopted by Canada and European Union countries, APRA said


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 Post subject: Re: Ominous signs in Australia
PostPosted: Mon Jan 14, 2019 10:56 pm 
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 Post subject: Re: Ominous signs in Australia
PostPosted: Fri Feb 08, 2019 6:17 pm 
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Planning Tribunal Attendee

Joined: Aug 19, 2011
Posts: 1014
Expert warns Australia could turn into slums in 20 years | 60 Minutes Australia


Opal Tower Turmoil | A Current Affair Australia


Sense of Déjà Vu watching these.


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 Post subject: Re: Ominous signs in Australia
PostPosted: Fri Feb 08, 2019 6:30 pm 
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Too Big to Fail

Joined: Jun 16, 2007
Posts: 3002
Location: Oighearland
^ just watching this now, aye carumba. The Oz version of Priory Hall

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advice to future unemployed TDs at the next general election: dont look at it as a failure, see it as an opportunity to 'upskill'.


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 Post subject: Re: Ominous signs in Australia
PostPosted: Mon Feb 11, 2019 3:10 am 
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Joined: Nov 6, 2006
Posts: 9018
Location: Hollywood
Quote:
Compared to December 2017, the apartment approvals are down 38 per cent to 4,712 and house approvals are down 11.3 per cent to 9,134. The seasonally adjusted value of total building approvals fell 7.5 per cent.


12.07pm https://www.smh.com.au/business/markets ... 1b399.html


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