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Australia’s bank bosses warn the hot property market needs to cool down ‘sooner rather than later’ – Business Insider Australia

Urgency has crept into the tone of the big four banks, as they tell the federal government action is needed to cool the property…

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  • The bosses of Australia’s largest banks have sounded off about emerging lending risks.
  • Commonwealth Bank CEO Matt Comyn urged regulators to act ‘sooner rather than later’ to cool the hot property market.
  • ANZ CEO Shayne Elliott said borrowers were increasingly…

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