Dispatches: Aussie banks - political pressure, big borrowing and anger over acquisitions

Australia's major banks will need to borrow up to $140bn from local and offshore markets over the next year to help fund their lending books because demand for credit continues to outstrip growth in deposits. (Sydney Morning Herald)

With the Greens about to hold the balance of power in the Senate, the political climate for the financial sector is likely to become more difficult. (The Australian)

AMP survey shows 78 per cent of Australians are of the opinion that bank acquisitions should be restricted. The survey was released on the eve of the competition regulator's ruling on National Australia Bank's takeover of Axa Asia Pacific. (The Australian)