The multi-million dollars houses of the ‘Big Four’ bank CEOs who don’t think there’s a housing problem

[Suarez™]

THEY earn more than $25 million, they all live in multi-million dollar houses and while under the microscope of a parliamentary inquiry at least one publicly denied that Australia has a housing affordability problem.
They are the CEOs of Australia’s big four banks and the sober suited men who control homebuyers’ interest rates have not skimped when it comes to the properties they purchase and live in with their families.
With salaries ranging between $5.5m and $8.3m, monthly mortgage repayments that cripple many families are not a problem.
Andrew Thorburn, the outspoken National Australia Bank boss, lives in a $3.235 mansion he bought in the elite Melbourne suburb of South Yarra two years ago.
Mr Thorburn told the Federal parliamentary inquiry into the banking sector this week that the NAB did not think housing prices were out of most people’s reach.

http://cdn.newsapi.com.au/image/v1/9d15b79fe90478aac1dd3726bdbeb314

http://cdn.newsapi.com.au/image/v1/5f3cb1becf541dee03291ecf2f54fc82