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Mortgage Business RBA focused on lending, not house prices: Lowe By Malavika Santhebennur 08 February 2021 Governor Philip Lowe has said that the central bank will continue to focus on lending standards and hold discussions with regulators if they were to deteriorate. Addressing the House of Representatives standing committee on economics on 5 February, the Reserve Bank of Australia (RBA) governor Philip Lowe has reiterated that the central bank would not focus on housing prices. “As we have previously discussed at these hearings, the RBA does not – and should not – target housing prices,” Mr Lowe said. “Instead, our focus is on the lending that is used to purchase housing. We want to see lending standards remain strong.”

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