Reserve Bank of Australia Governor Glenn Stevens: risk-taking is essential for the economy

Market news

25 September 2014

Reserve Bank of Australia Governor Glenn Stevens: risk-taking is essential for the economy

The Reserve Bank of Australia (RBA) Governor Glenn Stevens said at an economic forum in Melbourne that he was concerned about double-digit rates in home finance. Stevens also said that he was open to restrictions on home lending to investors, but he said he didn't consider macroprudential tools.

Stevens noted that risk-taking was still essential for the economy.

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