Tag Archives: propertymarket

RBA making it up as it goes along

After a speech by Assistant RBA Governor Michele Bullock yesterday, there is speculation about the RBA pushing APRA to instruct banks to further restrain their lending to housing investors- strengthening the so-called macro-prudential regulation that has had only limited success … Continue reading

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 6 Comments

Risk to SEQ economy from likely downswing in residential construction, as market absorbs huge supply shock

John McCarthy had a very good opinion piece in yesterday’s Courier-Mail on the “Sorry tale of the great Queensland divide”, in which he contrasted SEQ’s relatively strong economic performance with weakness in many regions, an issue which I frequently commented … Continue reading

Posted in Housing, Uncategorized | Tagged , , , , , , , , , | 2 Comments

OECD right to recommend “Close vigilance on housing-market developments is still required”

I was not surprised to learn yesterday that the OECD remains concerned about Australia’s housing market, which has shown signs of over-heating, particularly in Sydney, although the OECD did note that there are “receding risks from the housing boom” (see … Continue reading

Posted in Housing, Uncategorized | Tagged , , , , , , , , , | 4 Comments