Huge warning sign for Australian economy, page-48

I thought HC was meant to be an intelligent (ish) board? Stop being married to the party and start actually understanding their policies and adapting your vote accordingly.

The softening of Australian housing is due to the level of debt / how the australian housing market has been constructed and warped over the years. If I remember correctly a 20% deposit for a house in sydney was 12 years of take-home income (Somebody correct me if I'm wrong)? That's absolutely ridiculous. Anybody that believes a political party is to blame for the housing crisis is completely motivated by party-politics and not by common sense or anything based in reason.

Also the tightening of credit is a return to how things should be - giving 1% deposit loans out at Interest-only for one-income families is irresponsible lending at its finest (trust me... this happens a lot more than you think)