Indeed, a further decline in the output of unprofitable Chinese mines would provide some support to commodity prices, and would benefit other producers, including in Australia.
As of end-September 2018, the subsidiary thrift banks’ capital adequacy ratio (CAR), on solo basis, of 15.0 percent remains well above international standards while the CAR of stand-alone TBs stood at 18.2 percent. Ladies and gentlemen, all these numbers I just mentioned reflect, among others, the thrift banking sector’s critical role in supporting the country’s inclusive economic growth.