Turning a blind eye to housing bubble risks economic ‘domino effect’

By William Pesek
Updated September 29 2014 - 2:18pm, first published September 23 2014 - 10:24am
'For us the biggest attraction is the platform for new growth, especially through their corporate workwear division'.
'For us the biggest attraction is the platform for new growth, especially through their corporate workwear division'.
'For us the biggest attraction is the platform for new growth, especially through their corporate workwear division'.
'For us the biggest attraction is the platform for new growth, especially through their corporate workwear division'.
'For us the biggest attraction is the platform for new growth, especially through their corporate workwear division'.
'For us the biggest attraction is the platform for new growth, especially through their corporate workwear division'.
'For us the biggest attraction is the platform for new growth, especially through their corporate workwear division'.
'For us the biggest attraction is the platform for new growth, especially through their corporate workwear division'.
'There's something dangerously wrong when Australia's top economic official is blowing off fears of asset bubbles and heightened leverage.'
'There's something dangerously wrong when Australia's top economic official is blowing off fears of asset bubbles and heightened leverage.'
'There's something dangerously wrong when Australia's top economic official is blowing off fears of asset bubbles and heightened leverage.'
'There's something dangerously wrong when Australia's top economic official is blowing off fears of asset bubbles and heightened leverage.'
'There's something dangerously wrong when Australia's top economic official is blowing off fears of asset bubbles and heightened leverage.'
'There's something dangerously wrong when Australia's top economic official is blowing off fears of asset bubbles and heightened leverage.'
'There's something dangerously wrong when Australia's top economic official is blowing off fears of asset bubbles and heightened leverage.'
'There's something dangerously wrong when Australia's top economic official is blowing off fears of asset bubbles and heightened leverage.'
"It is just an easy mantra for international commentators and for analysts based overseas to say 'well, there's a bit of a housing bubble emerging in Australia'.": Speaking at an economic forum last week, Joe Hockey flatly denied Australia is in a property bubble. Photo: Daniel Munoz/Fairfax Media via Getty Images)
"It is just an easy mantra for international commentators and for analysts based overseas to say 'well, there's a bit of a housing bubble emerging in Australia'.": Speaking at an economic forum last week, Joe Hockey flatly denied Australia is in a property bubble. Photo: Daniel Munoz/Fairfax Media via Getty Images)

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