China, Housing Leave Aussie Banks Losing Out to Canada

Updated on
  • Yields on Aussie banks’ dollar debt higher than for Canadians
  • U.S. investors leery of risks from housing, China slowdown

Residential properties stand by the waterfront in the suburb of Point Piper, outside of Sydney.

Photographer: Brendon Thorne/Bloomberg

The tyranny of distance is weighing on Australia’s banks in the U.S. bond market.

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