Volatile housing market puts RBA under pressure
Variations in housing growth and prices ramp up risk to financial stability, RBA minutes show
Minutes from the Reserve Bank of Australia’s latest monetary policy meeting reveal the Council of Financial Regulators may “consider further measures if needed” to regulate the housing market in order to maintain financial stability.
Published on April 18, the minutes from the meeting highlight the problems within Australia’s housing market, with growth and pricing varying significantly across the country.
As a result, risks relating to the housing market were deemed to have increased in the
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