Christopher Joye: RBA blowing financial stability bubble

Whereas household leverage has declined in the US and Europe in response to relatively tight monetary policy, the lax approach of Australia’s central bank has fuelled a record increase in household debt.

Christopher Joye: RBA blowing financial stability bubble

Christopher Joye: RBA blowing financial stability bubble

Christopher Joye: RBA blowing financial stability bubble

Christopher Joye: RBA blowing financial stability bubble
Christopher Joye: RBA blowing financial stability bubble
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