Regulators are finally bringing balance back to the housing market

Plans by the RBA and APRA to slow lending in the housing sector are a step in the right direction, although they won't solve the market's affordability issues.

Following months of speculation (and lots of speculative activity), the Reserve Bank of Australia and the Australian Prudential Regulation Authority appear all but certain to introduce macroprudential policies to ease mounting pressure in Australia’s property sector. With property prices in Sydney continuing to rise at a rapid rate, it’s a move that is well overdue.

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