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National house prices fall as the Reserve Bank keeps rates on hold

Sydney housing market

Sydney housing market Source: AAP

New rules by the banking regulator to tighten the way Australia's banks lend money to homebuyers are working to cool the property market -- with prices across the country falling. It comes as the Reserve Bank kept official interest rates on hold at 2 per cent. Maheswaran Prabaharan reports in Tamil, feature prepared by Ricardo Goncalves for SBS News.



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