Another tough week for the Sydney property market and the delicate but immaculately dressed ecosystem that feeds on it. Hammer time hit a depressing 10% of listed auctions despite a week of […]
Auction Action – 17/11: The Royal Commission is back!
Auction Action – 10/11: Josh waves the white flag!
Well that did not take long. Only a week after Auction Action warned in “We will make you pay” that the private banks were “crunching credit” to teach us a lesson about […]
Auction Action – 03/11: We will make you pay!
Another week, another miserable “hammer time” performance across the Post Codes of the Emerald City. The “siege of Sydney” by the private banks continues with credit creation remaining on a very tight […]
Fixing Oz Banks Pt 7: What should be the role of the RBA?
It is time to have a closer look at the Reserve Bank of Australia “RBA” as any serious reform of the role of the private banks in the Australian monetary system must […]
The Glass Pyramid 