Some of our best economic thinkers from across the ideological spectrum have penned an open letter urging a comprehensive review of the Australian financial system. About time!
Residential mortgages
The housing crisis: look closer at big banks’ lending
One of the rarely mentioned factors when housing affordability is being discussed, is that loans secured by residential mortgages are more attractive to banks than other types of lending because of the regulator’s prudential rules on the capital adequacy of banks, writes Bill Moyle.
