RBA's Kent: No sign of speculative, credit bubble in house prices

FXStreet (Bali) - RBA Econ Head Mr. Kent said, via Reuters, that there are no sign of speculative, credit bubble in house prices. Other headlines from Mr. Kent included:

- Would not want house prices to keep rising 10 pct a year, year after year.

- Sees robust rise in dwelling investment ahead in response to low rates, solid population growth.

GBP/JPY unchanged around 173 handle

GBP/JPY is trading at 173.03, down -0.11% on the day, having posted a daily high at 173.22 and low at 173.01.
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