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"It is not a perfect measure, but it suggests residential property investor activity could have halved over the last decade."

by Greg Ninness

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"ESAS 'allows approved non-bank entities to settle payments directly in risk-free central bank money without using a commercial bank as an intermediary,' the RBNZ's Steve Gordon says."

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Freight Link

Collapses leave Australian banks nursing

Collapses leave Australian banks nursing A$1.3 bln of debt

7th Nov 08, 11:58am

by Bernard Hickey

Collapses leave Australian banks nursing A$1.3 bln of debt

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