Australian Broker forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Prudent lending standards more important than helping FHB: RBA

Notify me of new replies via email
Julia Corderoy | 07 Aug 2015, 07:31 AM Agree 0
First home buyers shouldn't expect any relief or concessions, with the RBA claiming that ensuring financial stability is more important, in a low rate environment, than helping struggling first time buyers
  • Paul | 07 Aug 2015, 10:41 AM Agree 0
    Hmmm, seems it's ok if you are on a seven figure income to sit on a throne and feed the peasants peanuts, but if your are some poor bastard that's working their guts out to secure your family a home then you have to understand the fools sitting in wonderland at RBA are happily playing with your life.
    I say sack them all and replace them with real people that understand pressure and emotions of real life for most of us.
  • Broker | 07 Aug 2015, 11:13 AM Agree 0
    RBA, APRA, ASIC are all rather clueless as to how the real world operates, their agendas confirm this.
Post a reply