The new rules limiting what banks can lend are aimed at real estate investors. APRA believes they’ll have little impact on first home buyers.
- Industry Professor, University of Technology Sydney
The rush of ‘amateur’ investors into the stock market has regulators worried. Maybe they shouldn’t.
By 2022 the government will probably have spent half a trillion, but it will be value for money.
He is trying to transition out of stage one while drawing up stage three.
La crise économique mondiale et la saturation des capacités de stockage américaines expliquent pourquoi les prix sont entrés en territoire négatif en début de semaine.
So low has the demand for oil sunk that the US is running out of places to store it.
With skill and support where needed, the government can get us through this, but it’ll be the biggest challenge since the global financial crisis.
Every one of the 13 economists surveyed by The Conversation thinks more stimulus is needed. None think it should all come from the Reserve Bank. Most think the budget surplus can wait.
A big surplus will come. It should be saved for something important, not simply spent.
The fifth banking code of conduct since 1993 looks better than those that have gone before it.
Household wealth in Australia has taken its biggest dive since the global financial crisis. But it’s not all doom and gloom.
Under cover of a speech from the Reserve Bank governor, the Prudential Regulation Authority has moved to make it 10% easier to borrow.
Expect two more interest rate cuts, but they mightn’t be enough.
The Reserve Bank has adjusted rates in previous election campaigns, but it needs to have a very, very, good reason.
Booming global commodity prices have masked the impacts of a weakening economy. With luck, the budget will be the shot it needs.
Money has been pouring in, and on Tuesday the government will spend it almost as fast, leaving little for its successors.
It’s been 27 years since our last recession. Conditions are ripe for a populist revolt when the next one arrives.
History suggests the government will spend most of the extra $10 billion per year that the MYEFO will reveal on Monday. The only problem is, those riches won’t last.
The best way to get bankers to behave well might be to bind them to a code of ethics, like doctors. We’ve tried ever tighter rules.
The budget deficit is as good as dead. For practical purposes we are back to normal with financial firepower recharged for the next crisis.
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