Walk The World
The end of October data dump from RBA and APRA and the latest from the ABS, we see signs of economic slowing.
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Caveat Emptor! Note: this is NOT financial or property advice!!
A lot of pain coming unfortunately.
APRA are economics vandals.
They ordered the banks to make sure they impose 40% deposit for homes loans. When I rang them up and question them about the legality of it they told me the reserve bank Governor ordered them to do it although AHPRA didn't agree with them.
What do you make of all that.
When will there be accountability.
When will all these economics saboteur be arrested and sent the jail for life.
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Another 0.25% tomorrow I’m tipping