Also, at the end of 2014, when growth in investor lending was accelerating, APRA announced that it would pay very close attention to lenders whose investor loan portfolios were growing faster than 10 per cent. It did so with the full support of the RBA. This guidance helped pull the whole system back and has made a positive contribution to overall financial stability.
This, one could  BIS Review 55/2003  1  posit, in fact represents a clear disjuncture between the fact of political authority where it now resides, and the recognition of economic efficiency, which requires a larger contiguous economic space.