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RBA could move on household debt but not its job to target house prices, governor says – The Guardian

Philip Lowe says it’s important lending standards remain sound amid low interest rates

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The Reserve Bank governor, Philip Lowe, says the bank is considering policy measures to rein in ballooning household debt if it becomes a risk to economic stability, but says it is not the banks job to target house prices.
In a speech to the Australian…

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