Australian Treasurer Josh Frydenberg has met with regulators over the need for plans to address the ballooning levels of household debt.
Last Friday, Frydenberg spoke about the current state of the housing market with the Council of Financial Regulators, chaired by the Reserve Bank of Australia (RBA) governor Philip Lowe and which members include the Australian Prudential Regulation Authority (APRA), Australian Securities and Investments Commission (ASIC), and Treasury.
