The Conversation

Rates and housing risk: beware outsourcing policy to regulators

Author: The Conversation

The superheated Sydney housing market has regulators, and the Reserve Bank, worried.Joel Carrett/AAP

The Reserve Bank of Australia would dearly love to be like Dr Doolittle’s amazing pushmi-pullyu, able to face both directions at once. Cutting interest rates to encourage economic activity (and a lower dollar), but at the same time raising...

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