Original article by Jacob Greber
The Australian Financial Review – Page: 1 & 8 : 23-Sep-16
Reserve Bank of Australia governor Philip Lowe sees the role of the central bank as primarily dealing with inflation. He told members of the House of Representatives economics committee in Sydney on 22 September 2016 that interest rate cuts can only have a limited impact on the property market. Lowe said house prices are high because of inadequate supply and easy access to credit.
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