The Business hammers banks on property

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ABC’s The Business last night ran its second segment on Australian property, this time examining the banks’ $1.6 trillion exposure to residential property.

The segment contains excerpts from CLSA’s Brian Johnson, the OECD’s Adrian Blundell-Wignall, DFA’s Martin North, and Deloitte’s James Hickey.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.