Sydney residents walk past a newly-completed apartment development in Sydney's inner-city suburb of Zetland. The country’s banking watchdog is keeping a close eye on the country’s red-hot housing market. Photo: Reuters

Australia’s banking watchdog will take action on debt inspired bubble in housing market

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Sydney residents walk past a newly-completed apartment development in Sydney's inner-city suburb of Zetland. The country’s banking watchdog is keeping a close eye on the country’s red-hot housing market. Photo: Reuters
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