According to the Reserve Bank the best way to arrest the rapid house price rises is to attack the supply side and increase home building activity.
News
RBA keeps close eye on housing as rates stay steady again
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08 October 2014
The Reserve Bank has as expected left interest rates on hold for October at 2.5 per cent, but certainly changed its stance a little on house price inflation and the Australian dollar.
RBA eyes limits on housing investment
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02 October 2014
A senior official from the Reserve Bank has said the RBA ‘will do something’ this year to dampen lending to property investors.
Over one in ten Aussies at risk of credit default
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02 October 2014
A new study by credit reporting agency Veda has found that 13 per cent of Australians are at risk of defaulting on credit in the next 12 months, which can stop them from successfully applying for loans.
Leading economist calls for an end to negative gearing
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01 October 2014
A leading Australian economist has called for the Abbott government to put downward pressure on surging house prices by ending negative gearing for new investors.
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