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such a large/over and above does make one wonder, whats up at home?
and how terriffic all the other moving parts are within the empire run from the west.
as ever, well sourced Australians are awaiting the ASB/CBA ex Murray findings on the Oz banking.
"For the sector overall there are a few headwinds. It is likely to continue to be a low credit growth environment, bad and doubtful debts are likely to increase and then you have the regulators forcing the banks to hold more capital going forward."
Q: does RBNZ needed to offered a nod? we don't think Oz capital reserve should be double counted/dipped as also NZ capital reserve, sounds like the RBA thinks also...
In view of what next season may give, we would like to see agri-bus lenders drop in a little more foulding...
those acting as agri-bus lenders and home loaners even more so...
Here is a chart showing the S&P 500 companies that have been buying back their own stocks (often by borrowing cheap money to do so) and companies that haven't bought back hundreds of billions of dollars in their own stock.
The unmanipulated sector rose a bit, while the stock buyback crowd soared:
http://www.oftwominds.com/blog.html
I’ll conclude with more wisdom from Bill Gross: “Markets are reaching the point of low return and diminishing liquidity.” I’ll add that it’s really important to Bubble analysis that the ability of central bankers to inflate bond prices has essentially run its course. Low returns on fixed income and virtually no return on savings foster Bubble-inflating flows to equities. But it also ensures that when this Bubble burst – a global Bubble, in stocks, bonds and asset prices generally, that has made it to the heart of contemporary “money” – there will be limited scope for Financial Sphere reflationary measures. And it’s when confidence falters in “money,” perceived “money-like” instruments and policymaking more generally, that we will come to see clearly that you can’t cure a debt crisis with more debt. Read more
Which calls into question how to deal with the Chinese fleeing the domestic chaos for the likes of NZ.
Chinese investment in the New Zealand property market is only just beginning, a Chinese property investment expert says.
Juwai chief executive Simon Henry told TV3's The Nation that in the last three years Chinese investment in overseas property had taken off and would only become more common in the future.
"Three years ago, it was probably $10 billion globally. Last year it was approximately $52 billion globally. We're seeing a net increase of roughly 15 to 20 per cent per year, expected for 2015, 2016."
Juwai marketed itself as the company Chinese go to to find international property. It has 2.4 million listings from 58 countries.
Henry said New Zealand was the seventh most popular country searched for on its platform, with a lot of that attributed to proximity.
"Australia is the second most popular country in the world for the Chinese buyers. Read more
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