Sydney Apartments Pose Financial Stability Risks, RBA Says
Newly constructed apartment blocks stand in the suburb of Wolli Creek in Sydney, Australia. (Photographer: Lisa Maree Williams/Bloomberg)

Sydney Apartments Pose Financial Stability Risks, RBA Says

(Bloomberg) -- The apartment market in Australia’s largest city is “quite soft” due to a sharp rise in supply that’s increased risks to financial stability, a senior central bank official said.
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