The AFR’s Chris Joye has published article today arguing that the Murray Financial System Inquiry will likely drive the major banks to increase loans to businesses as increased capital requirements on mortgages makes housing lending less profitable:
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.