APRA’S LENDING RESTRICTIONS A DRAG ON ECONOMIC GROWTH…BUT IMPROVE ITS HEALTH

Australia’s national accounts were released last week. At a headline level, growth as measured by GDP disappointed most economists’ expectations, rising just 0.4% in the December quarter to be up 2.4% for the year. This represented a slowing from the 2.9% growth recorded in the year to September. The biggest positive contribution came from growth… Continue reading APRA’S LENDING RESTRICTIONS A DRAG ON ECONOMIC GROWTH…BUT IMPROVE ITS HEALTH