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Westpac: Aussie mortgage crash intensifying

January 16, 2023 - 10:30 -- Admin

It is quite something to watch as Aussie house prices crater while the stock of credit is still growing strongly. But that’s the importance of Delta. Oftentimes it is the rate of change that matters in economics and markets, not the levels.  Put another way, it is the flow of credit that matters to prices,

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