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...
Less than three weeks to go before the Senate reports on the Cash Restriction Bill. And things have taken a turn for the worse....
In this week’s Rant we look at forecasts for future property prices (and who makes them), some of the recent changes in the dynamics...