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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The RBA’s Statement on Monetary Policy, out today suggests inflation will run hotter for longer and real wages will continue to shrink into the...
Last week has turned out to be an important one in terms of household finances and mortgage rates. The RBA this week said households...
The gap between average prices and affordability has widened substantially, and it is unlikely things will turn around anytime soon. And rate cuts are...