Australian banks still face many liquidity challenges

The liquidity conundrum


Australia has long been in a somewhat peculiar situation compared to the rest of the world. While most developed nations’ governments are swamped in debt following the global financial crisis that took hold in 2008, financial institutions in Australia face the opposite problem – a government focused on repaying the remainder of the debt it amassed during the downturn and a shortage of such bonds. While, comparatively speaking, that might be a good position to be in, when placed in the context of

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