Much can be gained by understanding the key players in charge of running the operations, their roles and responsibilities and who they report to. The Senior and Business Line Management structure should be sufficiently resourced. The number of senior positions should be commensurate with the responsibility and be proportionate to the size and risk profile of the institution, taking into account outsourced functions.
The increase in house prices in Australia since the mid 1990s, while very large, has been part of a broad trend evident in most other developed economies. This suggests that the main forces that have underpinned this rise have been global in nature, rather than country-specific. 2. Traditional measures of housing affordability have declined since the mid 1990s.