Daniel Moss, Columnist

The Housing Slump Down Under Is Getting Serious

Spending and property prices are being tightly linked. If only we could see that mystery central bank paper.

February 19, 2019 at 4:07 AM UTC

Daniel Moss is a Bloomberg Opinion columnist covering Asian economies. Previously, he was executive editor for economics at Bloomberg News.

The writing's on the wall (and the central bank paper).
Photographer: Brendon Thorne/Bloomberg

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A new bestseller might be in the offing.

If the public could get its hands on it, that is. The Reserve Bank of Australia's board spent a chunk of its interest-rate meeting this month digesting a paper on the housing slump and what it foretells for that famous 27-year growth streak.