Housing loan approvals for investors head lower given tighter lending: RBA chart park

Housing loan approvals for investors head lower given tighter lending: RBA chart park
Staff ReporterDecember 4, 2018

The latest chart pack gives an insight into how the RBA came to its decision to leave the cash rate on hold at a record low 1.5 percent.

GDP growth continues to rise towards the four percent mark.

It is now at its highest point since 2012.

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CPI remains unpredictable, hovering above or below the two percent region.

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The gap between disposable income and consumption is narrowing.

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Consumer sentiment continues to rise to levels not seen since mid 2016.

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Housing loan approvals for investors and owner occupiers continue their downward trajectory after tighter lending criteria.

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