The royal commission final report, handed down on Monday, will not adversely affect the housing market or force an unnecessary credit squeeze.
Despite some alarmist messaging about the royal commission triggering a housing bust, Kenneth Hayne’s final report into the finance sector did not recommend the banks further tighten lending standards.
Commissioner Hayne acknowledged the steps taken by the banks to strengthen their home lending practices and…CONTINUE READING
Source: theurbandeveloper.com