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RBA paves way for macroprudential mortgage curbs


MacroBusiness
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at 10:00 am on July 27, 2021 | 25 comments
In mid-June, RBA Governor Phil Lowe stated that the Council of Financial Regulators (CFR) – i.e. RBA, Treasury, APRA and ASIC – are actively examining macroprudential tools to curb the mortgage/property market in the event that credit accelerates, and that these tools would come into effect before the RBA considers lifting interest rates.
In this month’s Monetary Policy Decision, Phil Lowe also stated that the cash rate will not be lifted
“until inflation is sustainably within the 2 to 3 per cent range”. Lowe elaborated that
“it is not enough for inflation to be forecast in this range”, rather ....

Leith Van Onselen , Mb Fund , Australian Prudential Regulation Authority , Goldman Sachs , Chief Economist , Australian Treasury , Victorian Treasury , Unconventional Economist , ம்ப் நிதி , ஆஸ்திரேலிய விவேகமான ஒழுங்குமுறை அதிகாரம் , கோல்ட்மேன் சாக்ஸ் , தலைமை பொருளாதார நிபுணர் , ஆஸ்திரேலிய கருவூலம் , விக்டோரியன் கருவூலம் , வழக்கத்திற்கு மாறானது பொருளாதார நிபுணர் ,

Auditor blasts Morrison's car park 'rorts'


MacroBusiness
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at 12:40 pm on June 29, 2021 | 10 comments
The Auditor-General has issued a damning report on the federal government’s administration of the $660 million Commuter Car Park Projects fund.
Set up in 2018 as part of the Urban Congestion Fund, the project was intended to construct car parks near urban railway stations. However, the Auditor-General found that none of the 47 car park projects to receive money under the fund were selected by the Infrastructure department, that 90% of the projects were in government-held or targeted seats, and that just five of the 47 car parks have been delivered.
Commenting on the Australian National Audit Office (ANAO) report, acting opposition infrastructure spokesman Andrews Giles said it was another example of a Coalition ‘rort’, following on from others such as the female change-room rorts and the sports rorts. ....

New South Wales , Andrews Giles , Leith Van Onselen , Australian National Audit Office , Mb Fund , Congestion Fund , Infrastructure Department , Goldman Sachs , National Integrity Commission , Commuter Car Park Projects , Urban Congestion Fund , Prime Minister , Building Better Regions , Sydney Airport , Morrison Government , Chief Economist , Australian Treasury , Victorian Treasury , Unconventional Economist , புதியது தெற்கு வேல்ஸ் , ஆஸ்திரேலிய தேசிய தணிக்கை அலுவலகம் , ம்ப் நிதி , உள்கட்டமைப்பு துறை , கோல்ட்மேன் சாக்ஸ் , தேசிய நேர்மை தரகு , ப்ரைம் அமைச்சர் ,

MacroBusiness - Page 2022 of 2022 - Australian Property Shares Dollar Economy


at 9:31 am on July 20, 2010 | 15 comments
Since launching The Unconventional Economist in May, I have written eight housing-related articles focusing on the key drivers and consequences of the Australian residential property bubble. Before moving on to other topics, I thought it would be useful to provide a re-cap of the key themes raised in my earlier posts and offer some practical policy solutions aimed at: making
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Unconventional Economist , வழக்கத்திற்கு மாறானது பொருளாதார நிபுணர் ,

MacroBusiness - Page 2019 of 2019 - Australian Property Shares Dollar Economy


at 9:31 am on July 20, 2010 | 15 comments
Since launching The Unconventional Economist in May, I have written eight housing-related articles focusing on the key drivers and consequences of the Australian residential property bubble. Before moving on to other topics, I thought it would be useful to provide a re-cap of the key themes raised in my earlier posts and offer some practical policy solutions aimed at: making
Latest posts
Access Subscriber Only Content ....

Unconventional Economist , வழக்கத்திற்கு மாறானது பொருளாதார நிபுணர் ,