Interesting article from Kohler regarding the Aussie banks.
They are making great margins on loans.
I get the the feeling that when the market does turn the banks will jump 30-40% in the space of a few weeks.
Which bank is the preferred option?
The banks are in Kevin heaven
Australian banks have issued about $40 billion worth of government guaranteed, AAA-rated bonds in five weeks – two-thirds of the amount they raised from global markets in the whole of 2007.