We look at the latest credit data, which is all about booming mortgage lending. Given the rate of change of credit, home prices are set to rise higher. Totally the wrong time to remove responsible lending obligations from the banks!
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In this weeks market update, which is overshadowed by the action in Ukraine, we consider whether the markets are looking past Russia’s intervention. The...
We update the latest credit aggregates from the RBA, and lending stats and loan deferrals from APRA.
As discussed in The Conversation, the RBA was made subservient for a reason. As prime minister, Chifley had the principle enshrined in the Commonwealth...