Business
Why the RBA doesn’t care about the property bubble – MacroBusiness
From Karen Maley at the AFR today: …”To the extent that an easing of monetary policy helps people gets jobs, it will help private-sector balance sheets and less…
…”To the extent that an easing of monetary policy helps people gets jobs, it will help private-sector balance sheets and lessen the number of problem loans. In doing so, it can reduce financial stability risks,” Lowe argued.
…Other economists point out that a further drop in home loan borrowing costs will probably provide a further support for housing prices, even as the banks progressively wean people off their loan repayment deferrals.
…Robust house prices boost overall financial stability b…
-
General23 hours agoOf saints and sinners | The Spectator Australia
-
General23 hours agoSmall plane crashes into San Diego neighbourhood, setting homes and vehicles on fire
-
Noosa News14 hours agoTully Sugar Mill celebrates 100 years of cane harvesting amid floods and cyclones
-
General23 hours agoWhy the nation needs the Nationals to ditch Net Zero