Treasurer calls on banks to stimulate lending | Sky News Australia

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Treasurer JoshFrydenberg is demanding banks stimulate ‘affordable and timely’ lending after revelations Australian house prices have suffered its worst year since the global financial crisis.

 

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JasonClareMP So they call for help because homes now worth less under their 5 year Govt? But Frydenberg’s tweets still try to unjustly predict ALP policy is going to do that? Is he blind and/or stupid to ignore that this already happened under his govt? auspol GregRudd1 jimhammond_au

JasonClareMP House prices have to come down a lot lot further. auspol

JasonClareMP “Let’s grow the economy by putting people into more debt” is essentially what he is telling the banks.

JasonClareMP well stop gifting billions to multinationals, big banks & millionaires through tax rorts that just dont pass any fairness or pub test. LNP has lost their moral compass, but too locked in ideology fights to focus on delivering fairness. Think about it in opposition for a decade.

JasonClareMP Should we - or, indeed, can we - try to influence asset prices?

JasonClareMP Remember this ////// Jason Clare Labor: “blackest day in Aust sport“.

JasonClareMP Fairly for who, you bunch of liars

JasonClareMP Labor putting the rubbish out again be happy when the hoildays are done and hear from real people

JasonClareMP This clown has zero credibility

JasonClareMP Banks tightened up loan books subsequent to the Royal Commisssion. There will need to be regulatory and/or legislative support for them to reopen there loan books (along with the absence of an AustralianLabor removal of negative gearing).

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