Despite housing boom, Reserve says lending standards still high

The Reserve Bank continues to monitor developments in Australia’s booming housing market, but at this stage it is comfortable that lending standards have not dropped.

Economic hit may not be as bad as first feared, says Reserve chief

The economic downturn from coronavirus may not be as severe as predicted, Reserve Bank boss Dr Philip Lowe says.

Wayne Byres

Despite housing boom, Reserve says lending standards still high

Economic hit may not be as bad as first feared, says Reserve chief