Business
Home loan crackdown should be a question of when, not if – Sydney Morning Herald
It may be good news for homeowners that property prices are soaring, but for the economy it’s not so simple.
The extraordinary RBA moves to slash the cost of borrowing money – including a $200 billion line of cheap credit for banks, and a government bond-buying program – have cut interest rates on many fixed-rate loans to around 2 per cent. Homebuyers have responded…
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