The author has been described by News Ltd as an "iconoclast", "Svengali", a pollie's "economist muse", and "pungently accurate". Fairfax says he is a "Renaissance man" and "one of Australia’s most respected analysts." Stephen Koukoulas concludes that he is "85% right", and "would make a great Opposition leader." Terry McCrann claims the author thinks "‘nuance’ is a trendy village in the south of France", but can be "scintillating" when he thinks "clearly". The ACTU reckons he’s "an enigma wrapped in a Bloomberg terminal, wrapped in some apparently well-honed abs."
Monday, September 3, 2012
Strongest home loan growth in August in 3 years: nation's biggest broker
Australia’s largest mortgage broker processed more home loans in August than since March 2009, according to new figures published today. The latest AFG Mortgage Index shows that the company processed $3,071 million of mortgages in August – an increase of 10% on July figures and 7.4% on August 2011. AFG has 10% of the total national mortgage market (Source: ABS and AFG data) and its findings are usually reflected in ABS statistics published six weeks later.