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Bank watchdog’s final house price warning isn’t what you think

Wayne Byres has taken a parting shot at housing doomsayers who worry about the fallout from a collapse in prices. 

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Wayne Byres, the outgoing chairman of the Australian Prudential Regulation Authority, is leaving his role with a clear message to the customers of financial institutions he has overseen for the past eight years.

Be careful what you wish for.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/bank-watchdog-s-final-house-price-warning-isn-t-what-you-think-20221019-p5br3j