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Regulators poised to intervene in Sydney, Melbourne property boom – Sydney Morning Herald
Sydney and Melbourne home buyers face tougher lending standards within months as house prices in the two largest Australian cities…
The regulators statement noted Mr Frydenberg attended their meeting. He has been speaking with the regulators for months about the run-up in property values, saying intervention would be required if the market overheated.
In the past when the regulators…
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