Top economist warns Australia is heading for its biggest housing crash in 40 years

AI Summary

A top economist has issued a warning that Australia is on the verge of its most significant housing crash in 40 years, attributing this to rising interest rates. The forecast indicates potential severe impacts on the housing market.

Former treasury economist Leith Van Onselen has warned Australia's housing market is heading for its biggest correction in 40 years, with rising interest rates, ...