Banks Need to build capital buffers to manage housing risks

Banks need to build capital buffers to manage housing risks:IMF The International Monetary Fund has called on banks to further strengthen their capital positions to buffer the economy from potential housing related shocks, even as it praised Australian regulators for acting to mitigate the risks in the housing market. In its 18-monthly review of the[…]

Action on affordable housing

Action on affordable housing ‘can’t wait’: Michael Sukkar Housing affordability could be a centrepiece of the Turnbull government’s 2017 budget. by Roje Adaimy Michael Sukkar, the newly sworn-in assistant minister to the treasurer, says it’s an important issue that needs to be dealt with as soon as possible. “In a sense, the issue can’t wait,”[…]