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AAP

Politics

Colin Brinsden, AAP Economics and Business Correspondent

Regulators eye housing as rates increase

Housing Market Interest Rates Australia RBA

Housing market indicators suggest that activity has weakened in the major cities. (AAP)

Australia's financial regulators are keeping a close watch on how rising official interest rates are affecting mortgages and the housing market.

The Council of Financial Regulators - the Reserve Bank of Australia, Treasury, the Australian Prudential Regulation Authority and the Australian Securities and Investment Commission - held their quarterly meeting on June 20.

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