Why Australia is floored by sky-high house prices

Australian house prices are among the costliest in the world, but it doesn't have to be that way. The fault lies with our major banks, the RBA and government policies.

Was the International Monetary Fund right to question Australia’s housing market? Or does it simply not get that Australian property is ‘different’?

Unfortunately, it has a point. Our major banks, the government and the Reserve Bank of Australia have a lot to answer for.


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