We will all find out the hard way. Except for Qld, NSW and VIC domiciled companies like Origin, AGL, Senex, APA and others, any company in oil and gas outside those States in South Australia and Western Australia is now potentially unable to refinance if the banks subject to the SA and WA bank levy impose higher credit charges and refinancing restrictions.
Anything in South Australia and Western Australia is potentially insolvent IMHO but pls DYOR.
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We will all find out the hard way. Except for Qld, NSW and VIC...
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$30.50 |
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Change
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