With the easing of pandemic restrictions, interest surged in June, returning to levels last seen in March, when prices rose 13 per cent in Sydney and 12 per cent in Melbourne. The Bundesbank’s latest index of households’ willingness to spend shows that home-buying intentions, which collapsed in the early days of the covid-19 restrictions, have…
Reserve Bank of Australia Governor Philip Lowe said recently that such action would only put more pressure on the central bank and the economy. “There is an argument that the central bank should print money in the public interest at a time when the government is running a deficit and money is urgently needed to…
The PRA plans to revise its plans next week to consider postponing an earlier decision to recommend a dividend suspension or cut in response to the outbreak, involving Westpac, ANZ, NAB and others worth more than A $7 billion. The Australian authorities believe the capital markets are functioning in an orderly way and the stress…
preface Much has been said about finance and the supply side of affordable housing. Because of the diversity of affordability issues, reviews are also different for affordable housing. The terms affordable housing and social housing are sometimes used interchangeably, which can cause confusion. Affordable housing is more inclusive – it represents the aspirations of all…
