Money floods back into property after back-to-back rate cuts

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Banking regulators may have to tighten lending standards sooner than expected amid fresh signs back-to-back interest rate cuts have enticed investors back into the property market | swrighteconomy

that while there was limited capacity to do more infrastructure spending in Sydney and Melbourne, there was scope to do significant projects in other parts of the country or boost ongoing maintenance programs.

"Part of infrastructure investment is actually maintaining road, rail, bridges right across the country. It has the other advantage of making sure infrastructure spending is spread across the country and not just centralised in Sydney and Melbourne. There is capacity in some areas," he said. But Mr Morrison said the government and Dr Lowe were working together, saying the budget plan for a $100 billion, 10-year infrastructure plan was at the urging of the governor."I have been working with the Reserve Bank governor as both the treasurer and prime minister for four years.

 

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swrighteconomy You guys a hilarious 😂 people are struggling right now on obtaining funding for investing in property,refinancing and completing their contracts of purchase.maybe you should write a piece on how many people are loosing their deposits to date you may have an interesting article

swrighteconomy That’s what happens 😂

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