Bank credit poised for material growth

08 June 2020

 

By guest contributor Ken Atchison, CEO, Atchison Consultants   Credit growth was flat in April with only owner-occupier growing as shown in Chart 1.  The RBA, APRA, ASIC and Australian Treasury have made it clear that capital and liquidity buffers are available to be drawn down in this period of weakness. Of the financial regulators, only Austrac is not supporting stimulus. It is not a member of the Council of...

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