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Corrupt APRA washes hands of house prices – MacroBusiness



APRA chairman Wayne Byers today in parliament:
Its not our job to solve house prices and its nor our job to solve house pricing affordability. The extent to which there is dynamic emerging of increased risk taking by the community at this stage its not evident.”
I would probably start by clarifying the way you paraphrased what the Reserve Bank has said. I think the bank has been very clear and we have been very clear in saying our job is not to set or seek to target house prices.
The last statement…

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