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Economics

RBA dilemma

The problem is everyone agrees that Australia's property market is extremely overvalued and, along with record household debt - household debt to income ratio is currently at 187%, according to RBA data - threatens domestic financial stability and by extension, the overall economy.

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Read more: RBAReserve Bank of AustraliaGovernor Philip LoweAustralian Bureau of StatisticsAustralian Prudential Regulation AuthorityAPRA