Following a previous thread last week, Finaly we have some news that agrees with some of this forums.
Some of us have disagreed with the record amount of home loans being drawn
My argument is that they are not totaly being used for home purchases.
Now for some Back up..
FR today page 60,, "Banks say who ha to loan figures"
John symond "Certainly the last quarterof last yearour statistics show us that they (Loans -investment) had deteriorated by a third"
NAB,WESTPAC also state that their stat's don't add up and are pretty way off the 8.1% jump for Nov re investment loans.
So why are ABS comming out with these incorrect stats?
Whats their agenda.
Do they won't rates % to rise ?
And we all thought the right decisions are always made due to Stat's
Who regulates the stat makers I say!!!!!
Ov
Some of us have disagreed with the record amount of home loans being drawn
My argument is that they are not totaly being used for home purchases.
Now for some Back up..
FR today page 60,, "Banks say who ha to loan figures"
John symond "Certainly the last quarterof last yearour statistics show us that they (Loans -investment) had deteriorated by a third"
NAB,WESTPAC also state that their stat's don't add up and are pretty way off the 8.1% jump for Nov re investment loans.
So why are ABS comming out with these incorrect stats?
Whats their agenda.
Do they won't rates % to rise ?
And we all thought the right decisions are always made due to Stat's
Who regulates the stat makers I say!!!!!
Ov
