A toxic mess: vested interests and the real estate industry

Young academic Philip Soos is an outspoken critic of those who seek to ‘game’ Australia’s land market. This scathing indictment from The Conversation today. Conflicts of interest undermine the quality of advice and policy. It is critical to the...

Was Lloyds Bank the ONLY silly lender in Australia?

Lloyds Bank is selling a $2.1 billion book of bad Australian commercial property loans and expects to take a fifty per cent haircut. There is more. Morgan Stanley is alleged to have bought a Lloyds’ Gold Coast loan book with a face value of $700 million for between 30...

House prices are falling – somewhere else

The politico-housing complex relies heavily on poor quality data to hide the market price of houses from innocent low-information citizens. It has this market knowledge at its fingertips – but is determined not to share it with the likes of you and me. Most of the...