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Posts published in “Reserve Bank of Australia”

RBA Warns of Rising Housing Debt Risks Financial Stability

The Reserve Bank of Australia (RBA) has articulated its concern over the fast-growing household debt amid the booming property market, warning that it poses potential risks to financial stability, and the regulator will intervene when necessary. In an online speech ahead of its biannual Financial Stability Review, RBA assistant governor Michelle Bullock said that the […]