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We’re moving

July 3, 2012

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  After more than a year and 340 posts I pleased to announce that the Lighthouse Securities Blog is moving, well closing really. As you know I am a writer over at MacroBusiness which is clearly Australia’s leading finance, investment and economics blog. Macro Business is evolving and yesterday we released the first edition of our […]

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How to fix banking – if you can that is!

May 21, 2012

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By Greg McKenna There was a convergence of a few very good articles I saw over the weekend that I thought highlighted the fact that the JPM problem shows not much has changed in banking but that the re is a way to better align managerial activities with outcomes that balance out the proper place […]

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APRA Warns Australian ADI’s

May 16, 2012

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Australia has been relatively lucky that we avoided the worst excesses of the pre-GFC years and that consequently we’ve been able to skirt the edges of the GFC. Of course mining booms Mark I and II have in no small way contributed to this as has the 4 pillars policy insofar as it stopped an […]

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Subliminal Banking – why Australian’s love to hate their banks

May 2, 2012

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In the wake of the RBA’s decision on monetary policy yesterday and as we await the consequent decisions of the Majors whether or not they hold back some of the cuts I thought it might be useful to think about a couple of my favourite topics which have converged over the past couple of days […]

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RBA on Australian banking – Solid as a rock!

March 29, 2012

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The RBA released its Financial Stability review yesterday which was its usual comprehensive document. Here is very high level summary of what they said with regard to the domestic sector: The Australian Banking system is in fine fettle. The RBA, like APRA are worried about the credit standards of the listed banks for lending and […]

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Taking on the BIG 4

March 16, 2012

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Cross posted from MacroBusiness Australia is a country that seems to gravitate toward industrial and business oligopolies. Just think Coles and Woolies, Qantas/Jetstar and Virgin and of course the Major Banks. Even large multi dealership car yards seem to predominate over single brand standalone car dealerships. IGA and the corner store are doing their best to hold back the […]

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