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Stress-testing a captured APRA

July 12, 2018 - 08:30 -- Admin

From the boys at LF Economics: So yesterday APRA came out and said that if unemployment rose to 11%, House prices fell by 35%, and the Chinese economy tanked, that the Australian banking system would be able to withstand the economic stresses associated with this type of economic destruction. So let’s use a bit of

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