“Australia is experiencing significant liquidity constraints,” one banker told us in a new report that lifts the lid into how investment banks are taking big risks to grab a share of Australia’s lucrative $110 billion-a-year block trade market.
It’s no wonder really, as these large chunks of stock now account for about 43% of total volume in Australia. That’s out today. – Sharon Klyne, private credit reporter.
Australian home loans surged to a record high in the third quarter, driven by lower interest rates, vindicating the Reserve Bank of Australia’s decision to pause hikes.
Block Trades, Home Loans, Chinese Hackers: Australia Briefing
