Heise Says
#AusPol #ConsumerConfidence #Housing Matt Barrie the CEO of Freelancer warns that the Australian Housing market may never recover and highlights the simplicity of the Australian Economy. Interested by this, I find out how the complexity of the Australian economy compares to the test of the world and it is embarrassing. References Our Housing Market May […]
#Banking #Housing #HousingCrash I look at a recent AFR article in which Westpac CEO Brian Hartzer claims that banks are not to blame for the housing crash. Seemingly ignoring recent evidence from Melbourne land sales. References Westpac CEO Brian Hartzer says banks ‘not to blame’ for house slump https://www.afr.com/business/banking-and-finance/westpac-ceo-brian-hartzer-says-small-business-hurt-by-lending-crackdown-20190130-h1anog YouTube Cards
#Banking #Construction #Housing I look at a recent article in the Herald Sun about Banks changing lending criteria killing new housing projects. Which seems to disagree with recent comments from the RBA. References Banks short-change buyers, force lots of land back up for sale https://www.realestate.com.au/news/banks-shortchange-buyers-force-lots-of-land-back-up-for-sale/?rsf=ps%3Afacebook%3Anews%3Avic
#Development #Property #RealEstate I discuss a recent article in the Syndey Morning Herald which attempts to paint a narrative about developer donation resulting in 600 additional units for a developer. Naturally failing to mention the significant additional infrastructure spending required by the developer. I also briefing discuss the concept of Transit Orientated Development, TODs, and […]