We discuss the latest credit data from the RBA, APRA and also building approvals from the ABS. Wall to wall disappointment! https://www.rba.gov.au/statistics/frequency/fin-agg/2019/fin-agg-0719.html https://www.apra.gov.au/media-centre/media-releases/apra-releases-new-monthly-authorised-deposit-taking-institution https://www.abs.gov.au/AUSSTATS/[email protected]/DetailsPage/8731.0Jul%202019?OpenDocument...
CBA has joined the lenders cutting the buffers rate to 1% for certain borrowers, despite the Council of Financial Regulators saying 3% was appropriate....
The latest edition of our finance and property news update - including puppies today - with a distinctively Australian flavour.