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Recovery relief as housing bubble risk rises – The Australian Financial Review

One of the biggest questions at The Australian Financial Review Banking Summit was whether Australia’s world-leading response to the crisis may now see a housing…

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Weve a lot of money to lend, said ANZs head of institutional banking Mark Whelan. In the corporate deal-making sector, the cost of capital is very, very low and the mood is exuberant, said Morgan Stanleys veteran investment banker Richard Wagner. It is dangerous to be uninvested right now, claimed Sarah Rennie of investment bank Jarden Australia.
Even with frustrating relapses such as in Queensland, fund manager and housing bull Christopher Joye predicted at the Summit that the Australian Prudential…

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