Relevant:
- Bank told of fraud risk
- Record Number of Homes for Sale in Melbourne; Sub-Prime Collapse; "No End in Sight" for Arrears on Low-Doc Loans
- National Australia Bank Buys Challenger Mortgage Unit
- Shades of 2006: That's What Australia Housing Bubble Looks Like From US Perspective
- Australia could be next in sub-prime crisis, expert warns
2008-04-06 — blogspot.com
'Australia has seen some of the big corporations and financial houses going down like draining water over the past couple of month. Some good examples were RAMS, AllCo, ABC Learning Centres, Challenger etc. And this time, it’s Melbourne’s popular finance house Opes Prime turn as it’s become the latest victim in Australia being hurt by the subprime turmoil'
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