WE ALL KNOW THAT HOUSING IS BIG BUSINESS, BUT THE FIGURES REALLY DO MAKE YOUR HEAD SPIN. THE ABS THIS WEEK RELEASED THEIR HOUSING FINANCE COMMITMENTS DATA WHICH SHOWS THAT THE AMOUNT OF MONEY OUTSTANDING ON LOANS TO BANKS FOR OWNER OCCUPIED HOUSING IN AUSTRALIA REACHING A STAGGERING $840,955 MILLION IN SEPTEMBER WITH INVESTMENT HOUSING […]
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The Australian Farmers, miners, property developers and major employers are demanding Environment Minister Tanya Plibersek rule out using a climate trigger as a bargaining chip to establish a new green cop to protect Australia’s environment, warning such a move could “blow up” local investments and jeopardise the government’s Future Made in Australia agenda. “They should draw a […]
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THE WEST AUSTRALIAN The blunt message last week from Reserve Bank assistant governor Michele Bullock’s speech to the Urban Development Institute of Australia (WA) was that lending and development excesses have hangovers that take time to recede. The mood in the room was that WA developers were being unfairly crippled by tighter lending standards brought […]
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