KGB: Pimco's Peter Dorrian

The Pimco head of global wealth management for Australia, Peter Dorrian, says the rest of the world thinks our property market is seriously overvalued, and that our banks are risky as a result.

Pimco's head of global wealth management – Australia, Peter Dorrian, tells Business Spectator's Alan Kohler, Robert Gottliebsen and Stephen Bartholomeusz:

Alan Kohler: Peter, a lot of people are saying that the great 30-year bull market in bonds is over. What’s Pimco’s view of that?

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