And the Credit Starts to Roll!

AND THE CREDIT STARTS TO ROLL! Below is a link to a very important article written by Clancy Yeates the Banking and Finance Reporter for the Sydney Morning Herald. I would strongly suggest that you keep an eye out for articles written by Clancy as they will provide us all with pertinent signposts as to how the economy and investment markets are functioning in the real world against our expectations based upon our Economic Cycle Action Plan and The Effortless Advantage. APRA announced last year restrictions on the banks to constrain the growth in their investment lending books. History clearly tells us that this is precisely the type of action that we have come to expect from the legislators in the very early stages of a new investment cycle. The line in Clancy’s article “While the LVR changes bring Westpac into line with rivals, […] 150
By | 2018-09-21T14:48:52+00:00 June 15th, 2016|Property|0 Comments