Quantcast
Subscribe to our newsletter

 

 

Government brushes aside RBA’s debt blowout warning

The government said it is not concerned about the RBA’s warning that the financial system could be rocked if there’s a debt blowout, in fact it is “very pleased” that confidence levels are leading to a “strong housing market”.

Government brushes aside RBA’s debt blowout warning
smsfadviser logo
  • Shared by Nestegg
  • April 14, 2021
share this article

Last week, the Reserve Bank of Australia (RBA) warned that optimistic borrowers could lead to a debt blowout, rocking the financial system.

Read more at Nestegg.

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles