"When we've gone through our book, we've seen signs of rapid property value decretion," says...

|By:, SA News Editor

"When we've gone through our book, we've seen signs of rapid property value decretion," says Stuart Grimshaw, MD at Bank of Queensland of the lender's expected H1 loss due to loan impairments. He expects continued challenges in coming years, much of it due to the powerful Aussie dollar. FXA remains near all-time highs.