Bank Reforms All Talk and No Help To Mortgage PayersThe banking reforms do not seem to be making many waves in the banking world for all the hype.
The reforms will probably not even help increase competition with many saying its actually
going to just help thee big four banks!This was some what emphasized in stock market trading with investors moving back in the the big four
banks who hold the majority of mortgages in Australia.
What many say we need is government guarantees given to the banks who actually need it! The big four are as stable as
ever and do not need any free giveaways from tax payers.If we are going to ever have competition in the mortgage industry it certainly isn't going to happen any time soon with our current
reforms. Investment Property Loans Here
The reforms will probably not even help increase competition with many saying its actually
going to just help thee big four banks!This was some what emphasized in stock market trading with investors moving back in the the big four
banks who hold the majority of mortgages in Australia.
What many say we need is government guarantees given to the banks who actually need it! The big four are as stable as
ever and do not need any free giveaways from tax payers.If we are going to ever have competition in the mortgage industry it certainly isn't going to happen any time soon with our current
reforms. Investment Property Loans Here
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