So, banks responded rationally. They reduced loan-to-value ratios, tightened serviceability, limited investor exposure, and avoided apartment and remote stock. Instead of absorbing risk to maintain lending volumes, they rationed credit. This is what market discipline looks like in practice. This explains clearly why the cranes disappeared, it wasn’t rocket science.

By investing in thorough risk assessments, event organisers navigate the unique challenges of the region while setting a standard.