Australian interest rates Australian Property

Morrison, ASIC back more macroprudential

Monday, 20 March 2017

Here it comes, via the AFR:

“There remain pressures that have built up again over the last few months,” Mr Morrison said in Canberra on Monday.

Speaking after returning from the Group of 20 finance minister’s meetings in Germany on Friday and Saturday, Mr Morrison said it was up to regulators – which are led by the Reserve Bank of Australia and the Australian Prudential Regulation Authority – to be “using the levers that they have”.

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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.