Banks face $53 billion buffer call

By Jonathan Shapiro
Updated November 26 2014 - 12:13am, first published November 25 2014 - 11:45pm
Big numbers:  Australia's banks have increased their mortgage exposure to $1.25 trillion.
 Photo: James Davies
Big numbers: Australia's banks have increased their mortgage exposure to $1.25 trillion. Photo: James Davies

The big four Australian banks could be forced to boost their balance sheets by up to $53 billion if the Financial System Inquiry takes aggressive measures to shore up the banking system, global credit rating agency Fitch Ratings says.

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