Banks might think it is very clever to protect their profit margins by not passing on the cut in official interest rates but their time will come. Treasury officials and politicians have long memories.
First home owners grant
Political snippets: The banks’ time will come
RBA rate cut: this could be as good as it gets
Consumer confidence figures out this morning suggest Australia may have to earn its interest rate cuts in future, writes Glenn Dyer.
20-somethings could regret using the homebuyers’ grant
Is it a wise investment to use a $14,000 or $21,000 gift from the government to buy a property that many foirst home buyers probably can’t afford, wonders Adam Schwab.
Banks call time on first home buyer party
The Australian banks are about to kick the chock away from the last remaining support for the weakening Australian economy, writes Glenn Dyer.
Grants distort lending in the housing market
It appears that the Federal Government has not headed the lessons of the US sub-prime debacle, which saw government intervention distort lending practices, writes Adam Schwab.
First Home Buyer Grant working for whom?
The first home buyers grant has gone straight into higher house prices, writes David Ember.
The housing market is holding up. Shock
A striking thing about the flow of statistics this week is the continuing confidence people have in housing, writes Glenn Dyer.
Rental vacancies the first pin prick in property bubble
The latest rental data contradicts the oft-repeated claims of a widespread housing crisis, writes Adam Schwab.
First home owners grant inflates housing prices
Despite the best political intentions, Kevin Rudd’s much vaunted increase in the first home owner’s grant has had a negative effect on first home owners, writes Adam Schwab.
Crikey Says: Crikey Says
Here’s the word from the Golf Club (a genuine cross-section of voters) about the “important” things making news this week.
