KM Financial Solutions | Australia’s central bank gov raps banks for misdeeds; watching housing downturn
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Australia’s central bank gov raps banks for misdeeds; watching housing downturn

Australia’s central bank gov raps banks for misdeeds; watching housing downturn

Australia’s top central banker on
Tuesday rapped the country’s scandal ridden banks for their
errant behaviour, saying strong penalties were required to
punish misdeeds, but cautioned over regulation risks crimping
much-needed credit to the economy.

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