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Home lending worst on record, but PM says don’t panic – The Australian Financial Review

New lending to buy property by both owner occupiers and investors has posted it biggest monthly fall on record, but Scott Morrison says it’s still too early to make any calls on any house prices.

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“But I think, fundamentally, the structural position of the housing markets in Australia would tell a far more stronger tale in terms of their resilience.”
The government has been trying to stoke th…

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