An important discussion about credit creation, why banks are talking interest rates down, and what economists are prepared to say and what they are not, courtesy of Joe Wilkes. Refers to the earlier post below:
We (Dale Webster and I) have written to the Senate Standing Committee on Regional and Rural Affairs and Transport about the economic fallout from...
One of the themes which comes through in our household surveys is that many people are under financial pressure, but are holding out for...
We look at the latest stats from RBA and APRA on credit growth. Home lending is STILL growing at 3.9% per annum – yet...