Eslake, Oliver tell APRA to tighten

Advertisement

From Domainfax:

Independent economist Saul Eslake says that if you see the rebound in investor lending as a concern, there are three options on the table.

One would be to raise official interest rates – but don’t count on that. When inflation is still well below the RBA’s target, the market is firmly in agreement that a rate rise is a long way off.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.