How are the banks going (Poor guys ;) )?

by David Lamari

We are starting to see some positive signs now from lenders. After a prolonged period of ‘overzealous caution’, some of the banks are now starting to show positive signs around policy. There has been increase in LVR for some clients by ANZ as well as words like ‘We are open for business’ being bandied by AMP Banking. These are all signs that, at the very least, the worst may be behind us.