RBA confirms higher prices for first home buyers

The government in Canberra has significant supply policies and programs, but after three years in power, there’s still no confidence of any impact in the next two years. Now the Reserve Bank Governor, Michele Bullock confirmed Labor's scheme will lead to says there’ll be higher prices The Governor joins all credible economists who warn of 5, 6, even 10% increases under Labor's scheme. This is destroying this Australian dream. 00:00 – Housing Supply 01:08 – No Analysis 02:31 – Price Impacts 04:10 – Loan Risks 06:08 – Systemic Risk