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ABS ups first home buyer loan estimates

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Australian Broker | 05 Feb 2015, 06:00 AM Agree 0
The Australian Bureau of Statistics has revised its first home buyer data, seeing loans to first home buyers surge 20%
  • Awesome - Albert | 05 Feb 2015, 08:58 AM Agree 0
    The Australian Bureau of Statistics (ABS) are not having a very good run.. First the change the way they measure unemployment last year and send the statistics into a wild fluctuation and now they realise that not all people buying there first home qualify or have a FHOG available in their particular state... Given the ruckus that the Australian Prudential Regulation Authority (APRA) were making about too many investors in the market and needing to introduce large macro prudential regulation this is a pretty big mistake.
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