Westpac

Discussion in 'Markets & Economies' started by Silverthorn, Apr 27, 2016.

  1. Silverthorn

    Silverthorn Well-Known Member

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  2. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    What do they know that the others don't?

    What are they afraid of...?
     
  3. Silverthorn

    Silverthorn Well-Known Member

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    From the markets live blog

     
  4. House

    House Well-Known Member Silver Stacker

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    It's only one lender out of 20+ doing this. They do about 65% of all non-resident lending which is quite high for any bank so mitigating risk by ensuring capital adequacy enforced by APRA is in place for domestic borrowers who won't have to rely on Immi to grant them a visa.

    And Vic have announced they'll increase Land And Stamp tax for foreigners.

     

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