News Formal

Access to credit a driver for property market slowdown | Sky News Australia

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 78%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Property Council's Ken Morrison: It’s important policy makers think about the border impact the banking royal commission findings will have. We need to be careful that whatever the fix is for the banks, it doesn’t deteriorate the broader economy. MORE:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Access to credit a driver in property market slowdown | Sky News AustraliaPoliticians are being urged to make wise decisions regarding the property sector this year as optimism in the industry hits a new low, according to the latest quarterly ANZ\u002FProperty Council survey.\n\nSpeaking with Sky News, Property Council CEO Ken Morrison says a tightening in access to credit, both for residential and commercial properties, has been one of the major drivers in the slowdown in the sector. \n\nMr Morrison warns with the findings of the royal banking commission to be released, policy makers need to be wary of potential fixes to the lending sector, given the impact financial institutions have on the broader economy. \n Sky news: I know you’re always on top of everything everywhere
Source: SkyNewsAust - 🏆 7. / 78 Read more »