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  1. C

    Housing Finance Commitments Up Strongly

    Whats Japan's population growth like compared to ours? whats japan's average age compared to ours? Whats the break up of residential debt growth compared to the 'rest' of debt growth. I like to keep things simple, if you over analyze you suffer from analysis paralysis.
  2. C

    Housing Finance Commitments Up Strongly

    Reduced business credit is good for the cycle to repair itself. You cant keep getting drunk at the party, eventually you need a time to sober off. I find this quite amusing, economic health is not dependent just on perpetually increasing business credit. Business credit moves in cycles just...
  3. C

    Housing Finance Commitments Up Strongly

    mate i dont know how you can compare us to Japan, we havent even got a technical recession. As to credit expansion, well what do you think has happened to personal savings rates, what do you think all the capital raising on the stock markets, all the reduced dividend pay out ratios have been...
  4. C

    Housing Finance Commitments Up Strongly

    factor in the positive retail numbers which beat market consensus. Also remember the RBA has stated several times current interest rate settings are set for 'dire' circumstances, not merely expansionary. Interest rates can step up from here and still be expansionary.
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