Housing credit growth at fresh 35-year low, says 'The Kouk': Tweet of the day
Jonathan ChancellorOctober 30, 2012
"Housing credit growth at fresh 35-year low. People are not borrowing and those with loans are paying off debt," noted Stephen Koukoulas, who has been senior economic advisor to the Australian Prime Minister, global head of economic strategy and research at TD Securities in London, chief economist at Citibank in Australia, and worked as a senior Treasury official and been the Australian Financial Review’s economics analyst. He is now a Business Spectator columnist.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.