Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Moody's downgrades majors

Notify me of new replies via email
Australian Broker | 19 May 2011, 04:00 AM Agree 0
Moody's has cut the rating of Australia's major banks, in their first credit downgrade in 15 years
  • Broker | 19 May 2011, 12:31 PM Agree 0
    Let's hope that the majors don't see this as us Brokers fault and give us another haircut!
  • cougars1 | 19 May 2011, 06:42 PM Agree 0
    Can someone answer this for me?
    If there is so much pressure on the banks pricing due to the high cost of whiolesale funding why are they all clamouring over each other to offer bigger discounts on home loans. ie: St G special promotion offering up to 0.9% off, CBA offering up to 0.85%, AMP increasing their Pro=pack discounts.Is this all just another ruse by the banks !!!!
Post a reply