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I like your guesses Laurence! :D GrossReal for PM!! :p Cheers, Michael

That's not what the banks themselves are saying: The funding you're talking about isn't their sole source of funding. I think in WBC's case about 50% of their funding is cash deposits, and a lot of their wholesale funding is short term. There's certainly scope for them to ease when the...

Music to my ears! :D Thanks for sharing, although I should add that there is nothing too earth-shatteringly new in that appraisal. I think most of us here are aware of the underlying strength of the Australian residential property market and the relative strength of our financial...