Banks face a correction: Murray

By Staff Reporter

The Australian Financial Review quotes a speech from Mr Murray yesterday where he adds to concerns from Reserve Bank of Australia Governor Glenn Stevens about the complacency of the local market. “That is going to cause a correction at some point, which will put more ­political pressure on financial systems,” said Mr Murray, who is chairing the federal government’s inquiry in the financial system.

Read more here: Business Spectator

    

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