Joye: House prices to grow at pace of incomes

Friday, 6 September 2019

…as we look ahead, the RBA now knows that it can safely continue to chisel interest rates lower under the protective veil of APRA’s powerful suite of counter-measures that have a proven history of cauterising financial stability concerns.

This means that a repeat of a speculative, investor-driven bubble fuelled by loose lending is extremely unlikely.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.