Pricking a housing bubble, Australian style

Reserve Bank of Australia governor Ian Macfarlane has declared victory in the fight to deflate one of the world's most obvious housing bubbles, according to this article published on Wednesday 17 August. In fact, he is so confident he has succeeded that he's even speaking in something approaching English, a rarity in the obfuscation-happy world of central banking, it says.

Click here to read the article "Pricking a housing bubble, Australian style" on the Bloomberg website

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