It’s all so predictable. Just months out from the prolific criminality exposed by the Hayne Royal Commission, the rentiers are back. Via the AFR:
The founder of Aussie Home Loans, John Symond, says the housing market has turned a corner but both he and ANZ Banking chief Shayne Elliott believe that ‘over-regulation’ could threaten its recovery and pose risks to the broader economy.
…”It’s one of the biggest risks of the next 12 to 18 months for the housing market actually getting back on its feet.” Mr Symond, the chair of Aussie Home Loans, told the packed theatre of mortgage brokers at the International Convention Centre in Sydney on Monday.
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