Is this the same agency that was so blind to the GFC also recently admitting it didn't know that our the housing industry in Australia had non recourse loans and also stated the the Australian financial, industry was to regulated?
When talking about the Australian economy and housing I would rather listen to entities that at least are familiar with the industry and the regulations that govern it as well as the financial vehicles and loan requirements in place to stabilize it.
Filch and Moody,s can generalize but seem to lack the intricate understanding of the requirements and regulations involved in regards to the Australian financial systems
