Housing market "more resilient than expected" in covid crisis says RBA governor Philip Lowe

The governor of the Reserve Bank has warned that financial regulators will move swiftly if there's any sign of a dangerous real estate bubble developing in parts of Australia.

Philip Lowe says there are no alarm bells ringing just yet, but he'd told a parliamentary committee that regulators are monitoring the rush into property to ensure lending standards don't deteriorate.

Here's my analysis on The World Today