Business
Reserve Bank ‘grappling’ with house price boom questions, internal documents show – ABC News
Australia’s central bank is “grappling” with questions about risky first-home buyers and a strong increase in home loans, according to meeting notes and internal…
Australia’s central bank is “grappling” with questions about risky first-home buyers and a strong increase in home loans, according to meeting notes and internal discussions about the nation’s white-hot housing market.
Key points:
- As house prices soar, Reserve Bank economists are wondering if first-home buyers are riskier than other borrowers
- Lending standards are tighter and approval times are blowing out
- A “good deal” of the HomeBuilder subsidy is bringing forward construction that would have happened…
Continue Reading
-
Noosa News21 hours ago‘Just want to know he’s safe’: Family’s German Shepherd asleep in back of stolen ute
-
Noosa News24 hours agoLogan man Umar Al Enizi cleared of murder after Browns Plains road rage incident in 2021
-
Noosa News21 hours agoDriver acquitted of murder over lengthy road-rage chase
-
General19 hours agoMitchell Starc fires Ashes warning in Sheffield Shield return as Jake Weatherald and Beau Webster fail to fire