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Banks want riskier lending — a return to their arrogant worst

Why do the big banks want fewer limits on their lending? Because the easy days of exploiting the Reserve Bank s rate rises are behind them.

Holiday briefing: Looking at 2024 leadership changeouts

US data stable but equity markets at all-time highs; Japanese retail rises; China girds against deflation; eyes on Aussie bank CEO change; UST 10yr 3.85%; gold and oil down; NZ$1 = 63.4 USc; TWI-5 = 71.1

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