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RBA governor Philip Lowe says it is a ‘good time’ for first home buyers – ABC News
Reserve Bank governor Phil Lowe has told a federal parliamentary first home buyers are taking advantage of record-low interest rates and government schemes such…
Reserve Bank governor Philip Lowe says it is a “good time” for first home buyers in Australia because conditions are working strongly in their favour.
Key points:
- RBA governor Phil Lowe says first home buyers are taking advantage of Australia’s record-low interest rates
- He says he is not concerned that property prices will rise too much, at this stage
- He says the lack of population growth means property market dynamics have changed
Dr Lowe said he was not concerned about house prices growing too rapidly…
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