Australia's top bankers and property experts have declared record low interest rates will save the housing market from a population-driven slump but remain confident prices will not rise into bubble territory.
Commonwealth Bank chief executive Matt Comyn said the stability of the housing market served as an attractive stable asset for investors chasing alternatives to record low rates of return.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
Jessica Gardner is Deputy editor - News. She has previously edited the Companies and Markets section. Connect with Jessica on Twitter. Email Jessica at jgardner@afr.com
