Search results

Waiting for the boom.

Still way short of where they were 2 years ago and NCCP yet to dance with the ADIs. Banks will be putting their rates up relative to the cash rate, probably before Xmas.

Nope. There about as onerous as I thought they'd be which isn't surprising given it's my peers and me who actually make the decisions. Where I under-estimated was the extent to which the tap would be essentially turned off in the commercial sector. I thought most banks would have more brains...

I said and continue to say that credit restrictions aren't good for house prices. I would have thought even you would understand that: money became harder to get in 2008 and we saw the largest national fall in median prices since Jesus played full forward for Jerusalem. In 2009 Ruddy fills the...

(a) Talk is cheap. As I said before: Credit rules are not going back to the pre-2007 environment any time soon. (b) Read the forum, it's all there if you're prepared to let reality intrude. (c) In 2008 I said credit would tighten and bank's cost of funding marings would need to...

Are we going to see a cut and paste as each Resimac mortgage manager puts an ad out for their 95/5 product? You understand it's all the same thing, don't you?

I wouldn't bet on Aussie Mac as a saviour. It's already been proposed and Treasury aren't fans for all the obvious reasons

What Rolf said, plus what i said: