SBS Gujarati Australian update: 30 April 2025

How Australias Banks Became the Worlds Biggest Property Addicts

A pedestrian walks past the Reserve Bank of Australia (RBA) headquarters in the central business district of Sydney, Australia, on Monday, June 18, 2018. Australia is riding out a huge gamble on property. The bet: 27 years of recession-free economic growthduring which Sydney home prices surged fivefoldwould continue unabated and allow borrowers to keep servicing their debt. Photographer: Lisa Maree Williams/Bloomberg via Getty Images Credit: Bloomberg/Bloomberg via Getty Images

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