NewsBite

Reserve Bank governor Philip Lowe tips house prices to fall 10 per cent

Philip Lowe ‘wouldn’t be surprised’ if the property market dips as higher rates bite, while shifting blame for affordability crisis.

Governor of the Reserve Bank of Australia, Philip Lowe. Picture: NewsWire / Monique Harmer
Governor of the Reserve Bank of Australia, Philip Lowe. Picture: NewsWire / Monique Harmer

Welcome to live coverage of Reserve Bank governor Philip Lowe's  evidence today before a parliamentary economics committee.

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

Original URL: https://www.theaustralian.com.au/nation/reserve-bank-governor-philip-lowe-says-he-never-promised-or-committed-to-keeping-rates-low-until-2024/live-coverage/0a27741bb31ba610311df29e6c831ad1