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RBA watches as home prices and mortgages go through the roof

Central bank says it is holding fire as risky loans haven't risen significantly

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Home truth: Australian household debt is at a 25-year high, according to statistics bureau figures, and a government inquiry this month found housing to be a significant source of risk to the financial system. - PHOTO: BLOOMBERG

[SYDNEY] Central banks from Scandinavia to the UK to New Zealand are sounding the alarm about soaring mortgage debt and trying to curb risky lending. In Australia, where borrowing is surging, regulators are just watching. Australian household debt is at a 25-year high, according to statistics

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