RBA defends rate cuts amid warnings of tighter lending standards

By Shane Wright
Updated November 16 2019 - 6:04am, first published November 15 2019 - 5:38pm

The Reserve Bank of Australia (RBA) has defended its interest rate cuts, arguing they will boost jobs growth and take pressure off indebted households as economists warn tighter lending standards will be needed to prevent a surge in house prices.

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