Japan FinMin Aso: Cabinet to approve 3rd supplemental budget on Dec 22

Japanese finance minister Taro Aso was on the wires earlier on the day, via Reuters, noting that the Cabinet will approve the 3rd supplemental budget on December 22.

Meanwhile, on the spousal tax reform proposal, he noted:

Spousal tax deduction income limit raised to 1.5mln yen

Women can work without thinking about limiting hours

October housing finance figures largely in line with expectations - Westpac

Matthew Hassan at Westpac presents his review on the Australian housing finance approvals, which dipped 0.8% in Oct, while investor lending rose 0.7%.
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Upbeat China CPI calling for PBOC rate hike?

Bloomberg providing further insights on the Chinese inflation data, after the NBS reported China CPI figures for Nov at 2.3% y/y versus 2.2% expected.
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