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Regulators warned on 'overheating' house price risk

John Kehoe
John KehoeEconomics editor
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The International Monetary Fund has warned local regulators to be ready to reinstate property-lending restrictions if Australia's hot housing market continues gathering steam.

After the Reserve Bank of Australia resorted to a coronavirus-induced emergency interest rate cut to a record low 0.5 per cent on Tuesday, the IMF said "looser financial conditions could re-accelerate house price inflation".

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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
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    Original URL: https://www.afr.com/policy/economy/housing-market-overheating-risk-20200306-p547jy