Relevant:
- Buy Puts on Australian Banks on Bubble Concerns, Morgan Stanley Says
- Australia moves to dial down financial stability risks in home loans from Non-bank lenders
- Australia Property Firms May Seek Hedge Fund Cash
- US economist predicts Australian property market to crash under global sovereign debt crisis
- Chinese retreat from Australian property as capital controls bite
2010-03-25 — bloomberg.com
"“Much of the recent rise in impairments has been accounted for by loans to highly geared property developers, many of which were on the books of the smaller Australian-owned banks,†the report said."
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