Original article by John Kehoe
The Australian Financial Review – Page: 1 & 2 : 28-Sep-21
Growing concern about the high debt-to-income ratios of home buyers may prompt the federal government to push for regulatory intervention. Treasurer Josh Frydenberg discussed the issue at the Council of Financial Regulators’ recent quarterly meeting, although the CFR is not expected to announce any macro-prudential measures in its quarterly statement on 29 September. Frydenberg says Australia’s macro-prudential settings must be continually assessed, and they should be adjusted if this is deemed to be necessary.
CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. COUNCIL OF FINANCIAL REGULATORS