RBA governor blames high house prices on a lack of supply, not monetary policy – video
NeutralFinancial Markets

In a recent statement, RBA governor Michele Bullock addressed concerns regarding Australia's soaring housing prices, attributing the issue primarily to a lack of supply rather than monetary policy. This clarification is significant as it shifts the focus from interest rates and financial strategies to the fundamental issue of housing availability, highlighting the need for more construction and development to meet demand.
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