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Reserve Bank says Australia’s house prices could pose ‘risk to financial stability’ – The Guardian Australia

Michele Bullock says high level of debt could pose risks to economy in event of shock to household incomes or sharp decline in…

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Australias ballooning housing prices and the associated household debt for mortgage holders could pose a risk to the economys financial stability in the event of a sudden downturn in prices.
Ahead of its annual financial stability review, the Reserve Bank…

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