RBA's Kearns says house price gains are not a concern right now, to be expected

Author: Eamonn Sheridan | Category: Central Banks

Reserve Bank of Australia Head of Financial Stability Kearns speaking as part of a panel at a Moody's event

  • Says watching borrowers ability to repay, some households & firms will have struggles repaying debt
  • buffers are in place
  • important no deterioration in lending quality
  • Says watching the RBNZ's experience with macro-prudential rules on housing

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