OH MR TREASURER MR SWAN your are BAD AS KEVIN RUDD with your lies - TopicsExpress

OH MR TREASURER MR SWAN your are BAD AS KEVIN RUDD with your lies ........ PFFFFTTTTT ...... .................... The Australian government this month ended a A$20 billion investment program that has been running since 2008 to boost competition between home-loan providers. The market is now “healthy, competitive, securely operating,” Treasurer Wayne Swan said on April 10. The government did not buy securities backed by nonconforming loans. Resimac last sold non-conforming debt in October when it raised A$300 million, data compiled by Bloomberg show. The lender is hoping to sell more of the bonds this year, probably in the third quarter, according to Mary Ploughman, an executive director of securitization at the lender. mobile.bloomberg/news/2013-04-23/ex-bankrupt-homeowners-entice-on-spread-drop-australia-credit.html

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