We discuss the latest data from Westpac and Bank of Queensland, look at off the plan building and consider financial advice versus general advice in the ASIC case.
Plus a quick reminder of tomorrows live streaming event where we update our scenarios.
Feb 2019: https://youtu.be/BNrTHJ2MWjo
The released terms of reference for the review of the RBA are limited, and specifically excludes APRA – thus credit creation, and omits reference...
We look at the latest from the RBA and APRA. Credit growth is still in the doldrums. https://www.rba.gov.au/statistics/frequency/fin-agg/2019/fin-agg-1219.html https://www.apra.gov.au/news-and-publications/apra-releases-monthly-authorised-deposit-taking-institution-statistics-for-1
More proof the proposed Cash Restriction Bill should be withdrawn – in emergencies, cash is still king! https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r6418 Share this:EmailPrintTwitterFacebookLinkedInReddit
