RBA Governor Warns Plan to Make Housing More Affordable Might Do Opposite

'I would not accept that': RBA boss denies housing crisis accusation

RBA Governor Michele Bullock has hit back at suggestions from the Greens that the central bank is responsible for Australia's skyrocketing house prices in a tense parliamentary hearing.In an appearance at Senate estimates this morning, Bullock was questioned by Greens senator Nick McKim about the Reserve Bank's role in the housing crisis."The $400 billion that the RBA printed in the early year or two of COVID and effectively handed over to retai…

RBA governor warns plan to make housing more affordable might do opposite

The RBA governor has warned that a government program designed to help more people get into the housing market might make homes even more unaffordable.

RBA governor says First Home Guarantee could lead to riskier loans

RBA Governor Michele Bullock says the federal government's First Home Guarantee scheme could see some Australians taking out riskier loans.