Judo Bank tanks as loan losses reveal economy’s rapid decline (opens original article in a new tab)
Slowing household credit growth and declining housing market indicators signal potential economic challenges for Australian banks
- Slowing household credit growth is a major issue in Australian banking
- Federal budget impacts investor loans and house prices have plateaued
- Auction clearance rates are weak and bank competition for loans is strong
- Potential household credit growth halving supports the $11 billion short-the-banks thesis
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