Claims that Wayne Swan could hurt the banks by pressuring them to pass on rate cuts are rubbish.
Banks in australia
APRA says our Big Four banks ‘too big to fail’
Tomorrow, the Reserve Bank produces the first financial stability report for 2010 and it is expected to be solid, without anything to frighten the still-skittish horses in the financial paddocks.
Foreigners grow, while big four banks stand still
There’s a big picture review of asset trends in banking and financial services in a paper by the Reserve Bank of Australia’s financial stability department published on Tuesday. And it’s not too flattering for Australian banks.
