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
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
The World Bank issued a report on Global Waves of Debt. They warn that the global build-up in debt is unsustainable and the risks...
Superficially, Australia’s economy maintained its momentum in the three months through June, with the expansion underpinned by exports and sectors less impacted by the...