The RBA waits out Australia's credit conundrum

Managing rising levels of housing credit with weak business credit remains a tricky balancing act for the Reserve Bank, but it can only wait so long before taking action.

Normally the monthly credit numbers are a fairly uneventful affair -- certainly important and painstaking to put together, but generally quite dull. But recent comments by the Reserve Bank of Australia and RBA Governor Glenn Stevens suggest that the credit aggregates will receive a lot more attention in upcoming months.

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