Has Gottiboff forced Morrison to force banks to lend on apartments?

Thursday, 15 February 2018

Crazy stuff today from Gottiboff:

We have achieved a significant breakthrough in the troubled inner city apartment markets of Sydney, Brisbane and Melbourne.

Full marks to the man who this month has made a major contribution to stabilising those markets — none other than Treasurer Scott Morrison.

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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.