Business
RBA warning on what could cause spiralling debt – Yahoo Finance Australia
Looser lending laws could trigger mounting debt, the Reserve Bank has warned.
The Reserve Bank has flagged the thing that could trigger rising debt levels in Australia. (Source: Getty)
Looser lending standards could lead to overexuberance in Australias property market and trigger debt to rise, the Reserve Bank of Australia has warned on Friday.
Property prices, which have grown at breakneck speed in recent months, havent yet led to any major increase in debt but this could become a risk in the future, the RBA said in its half-yearly Financial Stability Review
released this…
-
Noosa News24 hours agoFrench women charged with smuggling $29m of meth into Australia
-
General21 hours agoAlgal bloom ‘disaster’ prompts royal commission call as impact spreads to mussel farms
-
Noosa News21 hours agoE-bikes shouldn’t be banned. The illegal ones are already illegal
-
General17 hours agoChina was the big disruptor in our region. Now the US is determined to take that title