Stevens highlights housing market improvement at final monetary policy meeting
RBA leaves rates on hold at Stevens’ last monetary policy meeting
At his last monetary policy meeting, the governor of the Reserve Bank of Australia (RBA) hinted at signs the housing market was showing healthier trends.
Announcing the bank's decision to leave rates on hold at 1.5% today (September 6), Glenn Stevens acknowledged supervisory measures had "strengthened" lending standards in the housing market, while a number of lenders were taking a "more cautious" attitude to lending in certain environments.
"The best available information suggests that dwelling
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