Less than three weeks to go before the Senate reports on the Cash Restriction Bill. And things have taken a turn for the worse. But it is not too late to take action to help drive home that point that this Bill should not be passed.
https://digitalfinanceanalytics.com/blog/what-i-said-to-the-senate-on-the-restrictions-on-the-use-of-cash-bill/
The logic I hear all the time is the RBA won’t let home prices fall too far because of the financial stability risk consequences....
What happens in a low interest rate setting and why banks won't lend, but speculate.
We review the latest data from the RBA, APRA and ABS, plus higher mortgage delinquencies and new bill to clamp down on cash transactions....