Tag: housing supply
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RBA Chief Warns First Home Guarantee Could Drive Riskier Home Loans
RBA Warning: First Home Guarantee and Lending Risk Australia’s central bank, led by Governor Michele Bullock, has signalled concerns that the federal government’s First Home Guarantee could inadvertently push some borrowers toward higher loan-to-value ratios (LVRs). While the Reserve Bank of Australia (RBA) maintains that its monetary policy focus remains on inflation and employment, Bullock…