Australian banks Australian interest rates Australian LNG Commodities Gold Iron ore price

Big Banks trample APRA pansies

David Llewellyn-Smith

Thursday 20 July 2017

Dalian has just flopped into the positive today:

With Big Iron down a little:

Big Gas is up a bit as one of Australia’s most evil firms, STO, gouges the entire east coast for better profits:

Big Gold is still sickening:

Big Banks are trampling the APRA pansies:

As Big Liar trades sideways:

Another ethicists nightmare on the ASX…

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.