APRA increases reserve requirement for Australian residential mortgages for Australian banks

Posted: July 23, 2015 in Uncategorized

The reserve requirement for Macquarie and the big 4 Australian Banks have to increase from 16% to 25% (the regional banks have already that level).

Probably the major (apart NAB which already did it in May 2015) will have to do capital raising at some stage.

What does it mean for you? probably the banks share will go nowhere this year.

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