Via the ABC: “Flabbergasted.” That’s the universal response I’ve been hearing from consumer rights advocates to the Federal Government’s proposed abolition of the responsible lending obligations....
If you want a prime example of why Australia is the property equivalent of a narco state, read on below. We are only around 18 months...
See the latest Australian dollar analysis here:Macro AfternoonThis makes more sense to me than 90 cents: AUD … is worst-placed for a US-China decoupling, the RBA’s...
The mask has slipped and the reason Australia has had such high immigration rates has been revealed: The Property Council has called on the Federal Government...
The latest RBA Bulletin contains an interesting report on COVID-19’s impact on Australia’s residential rental market, which it claims is experiencing “an unprecedented shock” with “reducing...
Australian Bankers Association (ABA) CEO, Anna Bligh, last week announced that banks would commence “the largest ever customer contact process in the industry’s history” as it...
From Westpac chief economist, Bill Evans: I was surprised to note in the RBA Governor’s Statement following the September Board Meeting that “The Board will maintain...
Thousands of businesses accused of rorting JobKeeper have reportedly been ignored by the Australian Taxation Office (ATO), which has yet to issue even one penalty: The...
According to APRA, repayments on $195 billion of mortgages had been deferred as at August, representing 11% of Australia’s total mortgage loan book. With a significant...
Via Domain: With the bank forecasting house price falls of up to 15 per cent, Mr Hand was asked if this meant ANZ would limit loan-to-valuation...