RBA Governor warns of 'debt bomb'

There are warnings the big banks are handing out too many home loans to people who may find themselves unable to repay their debts.

Thống Đốc Ngân Hàng Dự Trữ Úc Châu Philip Lowe Source: AAP

Reserve Bank governor Philip Lowe says he's concerned about the risk to the economy at large arising from household debt, as house prices surge in Sydney and Melbourne.