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Investors could generate risks to future health of economy
The RBA has welcomed measures by APRA on interest-only loans, highlighting that strong investor credit growth could contribute to the amplification of cycles in borrowing ...
ECONOMY • Mon, 17 Apr 2017
Consumer confidence makes solid recovery
After slumping to its lowest value since October 2015, consumer confidence jumped by 3.3 per cent in the week ending 9 April, driven up by improved expectations for ...
High household debt could ‘amplify’ impact of housing downturn
A ratings agency has argued that new measures from APRA will only weigh on demand for property “at the margins” and household debt will continue to rise, potentially ...
ECONOMY • Wed, 12 Apr 2017
Challenger bank giveaway promotes financial literacy
Given that a quarter of Australians are often financially unprepared for Easter, according to ME, the lender is giving away 50,000 free Easter eggs and a $1,000 reward to ...
Affordable housing touted as new asset class
Treasurer Scott Morrison is keen to encourage superannuation funds to invest in affordable housing as a “longer-term fixed interest” asset class.
Oversimplifying housing affordability ‘cynical and cruel’, says Treasurer
The Treasurer has stressed that a housing affordability fix “must involve a scalpel, not a chainsaw” and has looked to the UK housing sector experience as “valuable” for ...
REGULATION • Mon, 10 Apr 2017
Changes ‘very unlikely to stop growth in its tracks’
While APRA and ASIC’s latest measures on interest-only loans may result in some slowing in the housing market, it is fiscal policy that will need to play an increasing ...
INNOVATION • Mon, 10 Apr 2017
Government backs APRA review of capital requirements
Treasurer Scott Morrison has announced the government’s endorsement of APRA’s decision to take on capital requirements in ensuring that the nation’s banks are ...
REGULATION • Sun, 09 Apr 2017
Stamp duty reform ‘well overdue’
The current government schemes in place to provide stamp duty relief for FHBs are “poorly designed” and “not suited to current market conditions”, according to the ...
ECONOMY • Sun, 09 Apr 2017