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Reserve Bank finds new risk in housing marketThe Reserve Bank of Australia has made a surprising admission that the crackdown on housing lending could crunch the economy, in what could be a hint that the bank will loosen up rules on investor lending. Damned if they do damned if they don’t. Real estate is coming down. stopthebanksters Thats the power of the Rothschild legacy. The central banks can blackmail any economy. Land would b affordable if he wasn’t for greedy developers over pricing land
Source: newscomauHQ - 🏆 9. / 77 Read more »
Reserve Bank says rate cuts, QE possible as housing enters 'uncharted territory'The Reserve Bank may cut interest rates, sink the Australian dollar and increase the supply of money to save the economy, its deputy governor concedes. Should do QE for the people. Print money and pay down people's household debt, if they have no debt, they get the same amount to spend and stimulate the economy. No point dropping interest rates because anybody with any sense pours as much as they can into paying off their mortgage when rates are low so they aren't going to be spending any more Getting ready for Shortens 50 per cent emissions cut, open borders and 50 thousand illegals he will borrow 1/2 a trillion dollars to support ! Hasn't even began to pay Rudds debt yet ! And hes gonna steal my Franking credits too ! Or is the whole headline more ABC bullshit ?
Source: abcnews - 🏆 5. / 83 Read more »
Credit cards and credit disappearing going into new yearOfficial figures compiled by the Reserve Bank show that for the first time the number of credit cards in a calendar year will fall.
Source: smh - 🏆 6. / 80 Read more »