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Judo Bank tanks as loan losses reveal economy’s rapid decline (opens original article in a new tab)

TL;DR

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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