Want a credit squeeze with that fall in house prices?

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Comment: Ben Chifley wanted to nationalise the banks to make sure ordinary Australians weren't ripped off by the big end of town. Josh Frydenberg knows better | swrighteconomy

 

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swrighteconomy By that look on his face I reckon he already knows that the fate of the LNP and the future direction of our local & global economy are both pretty much stuffed no matter what he wants or does. Reality bites.

swrighteconomy Josh could not manage a tin money box.....

swrighteconomy it no surprise that Apple is struggling in China as they are host Chinese manufacturers making phones just as good for half the price, Apple on the way to being to being the next BlackBerry

swrighteconomy Josh is a Jew with a Jewish name with entitlement to Israeli citizenship in his holy lands of the Middle East by ethnic descent. All Jewish Europeans have returned after 2,000 years of breeding in Europe. Why is Josh still in Australia?

swrighteconomy swrighteconomy has written several excellent pieces already this year. Thanks

swrighteconomy Nationalise banks? Yes please; easier to get on top of the housing crisis if the profits from mortgages go into building more public housing rather than into the hands of foreign investors.

swrighteconomy We are witnessing Fraudborg’s desperate dying days Kooyong will treat him to a well deserved beating come election day

swrighteconomy Cause only the government should ripe off the people. Socialism

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Treasurer calls on banks to stimulate lending | Sky News AustraliaTreasurer Josh Frydenberg is demanding banks stimulate ‘affordable and timely’ lending after revelations Australian house prices have suffered its worst year since the global financial crisis. \n\nMr Frydenberg used the latest figures by CoreLogic to renew his attack on Labor’s election pledge to curb negative gearing, claiming the policy will worsen the housing market slide. \n\nImage: News Corp Australia \n\n JasonClareMP Banks tightened up loan books subsequent to the Royal Commisssion. There will need to be regulatory and/or legislative support for them to reopen there loan books (along with the absence of an AustralianLabor removal of negative gearing). JasonClareMP This clown has zero credibility JasonClareMP Fairly for who, you bunch of liars
Source: SkyNewsAust - 🏆 7. / 78 Read more »