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When i bumped into this update of Spanish banks and then think what would be the equivalent data of Australian banks I just thought our banks are all doomed (just matter of time). Would be good to have a professional opinion (like from TF) I think those number for australian banks are way...

let's start with this: then you have to consider funds are freezing again around the world, so banks are going to get their funds backed by government again? I think so, and could be pretty soon. May be the debt Chrisis started with greece debt problem will once again pinch the houstralia...

Well, what a week! we started with good retail sales, then with bad trade deficit numbers then with RBA lifting rates Now seems with today unemployment number the week is over for big Australian news. I think the poll I launched last week definetly need to be repeated to include the latest...

Talking about october RBA meeting is pointless as there will be no interest rate change from RBA. About November there is a wide view of opinion. My view is no change, same thing for december EDIT: if you think there will be a rate rise in october and november you can vote +0.5 option

seems 50 basis point is the way to go for RBA at the April meeting. In today RBA statement following last week meeting the central bank see scope of further cut in the CB overnight cash rate. From bloomberg so 54% are for 50 bp, I am with that and we'll just get ahead of NZ again ;)

from bloomberg And they don't even have a house bubble in germany...(flat home prices for 20 years)

interesting read from the Age I like the way the reporter didn't take side in the bear/bull battle.

I've read this report from the Australian about trouble if foreign banks call in loans. I am not too worried about foreign banks calling in loans now as loans in Australia still have value (and more likely be so in the future). Also I am sure government will step in buying all the assets banks...

Interesting report on bloomberg about australian banks funding using the new government backing guarantee. I would call that more "the Australian bank bailout" as taxpayer will pay for those bonds if banks are not going to be solvent. Interesting to see that this bailout effect state debt...

One of the main factor to set property value is weather investors are cash flow positive or negative. With the dropping mortgage rates and increasing rents many more investor switch from cash flow negative to cash flow positive. What is your level of mortgage rates that set you in a positive...

Might be the housing slump in US about to the end or all these money fleeing the share market are moving to property (like it happened before). For sure increased volume mean increasing demand at these US home prices From Reuters

This morning the central bank of NZ cut the bank lending rate by 0.5% to 7.5%. That was after a cut of 0.25% in july. The good news is the banks are passing it all to mortgage holders. It is a good sign for Australian home owner as Australian banks would likely do the same for future cuts...

from the NSW housing department: http://www.housing.nsw.gov.au/NR/rdonlyres/35FE79CA-FCA7-4855-B20C-57CFC7486537/0/RandSReport84.pdf It confirm as we all know that rents are gone up double digit as you can see on page 1. The sale data at page 10 is reporting not very good result for the...

from Bloomberg: http://www.bloomberg.com/apps/news?pid=20601087&sid=ao8IfKzWFWwQ&refer=home Can australia decouple from US? Or the IMF is wrong again? (they never get it right...;)

Relief is coming, mortgages rate in UK are falling: from:http://www.express.co.uk/posts/view/52943/Credit-crunch-We-really-are-over-the-worst