Read all about the big news for banks, non-banks, and FX traders outside the AFR's pay-wall here. Amazingly, this was completely missed by the media aside from the AFR's reporters (and online media published since). My opening paragraph:
From the usually very dovish Westpac:
Read my AFR column in reaction to the IMF news on the Aussie dollar today here (free).
Hmmm, I have warned about this for too long to recall:
Re-advocating my Son of Wallis idea too. Read it here.
You can read my AFR column today on the IMF's reform ideas for Australia's banking system here. I open up like this:
You can read about this fascinating new analysis over at the AFR here.
Read about it over at the AFR here (outside of the paywall).