Prepare for hard landing in Australian housing market, OECD warns

Regulators should be ready for worst-case scenario, economic group says in otherwise positive report on Australian economy

Australia’s financial regulators should be prepared for a hard landing in the housing market, according to the world’s leading economic agency.

In its latest assessment of Australia, the Organisation for Economic Co-operation and Development says the housing market poses a risk to the nation’s economic growth.

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from The Guardian https://ift.tt/2zN4v9W
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