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Posts published in “Philip Lowe”

Reserve Bank of Australia Passes the Baton for Tightening Home Loan Policy to Government and Regulators

The Reserve Bank of Australia (RBA) has clearly distanced itself from the responsibility to control residential housing prices, passing it onto the government and industry regulators. In an online address, RBA governor Philip Lowe said that raising interest rates would address house price concerns at the expense of other areas of the economy. “I want to […]

Small business braces as ‘major setback’ looms