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Treasurer says 'shock absorber...

Treasurer says 'shock absorbers' cushion property price fallout

Treasurer Scott Morrison says the federal government is monitoring the downturn in Australia’s property market closely but argues shock absorbers built into the financial system by regulators over recent years should contain the economic impact of falling prices.

Treasurer Scott Morrison says the federal government is monitoring the downturn in Australia’s property market closely but argues shock absorbers built into the financial system by regulators over recent years should contain the economic impact of falling prices.…

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