Skip to Content

Housing Angst Helping Cap AUD | Amplifying Global FX Capital

Housing Angst Helping Cap AUD | Amplifying Global FX Capital

Submitted by • April 4, 2017 ampgfxcapital.com

The housing market in Australia appears to be very strong and might be seen as a reason for higher AUD; generating wealth and confidence and preventing the RBA from cutting rates further. Combined with high levels of household debt, it may be dampening consumer confidence and consumer spending.

The recent surge in investor demand may reflect a rush to get in ahead of tighter credit conditions and tax changes. If so, the housing market may slow later this year and in any case, represents a bigger risk to the Australian economy

Voted by:
Voted by Amplifying Global FX Capital

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>