House prices are Lowe's big test
![Philip Lowe: success will be measured by the housing sector.](http://web.archive.org./web/20170927064410/http://www.afr.com/content/dam/images/g/y/p/m/t/r/image.related.afrIndexLead.320x210.gypmn2.gshfrb.png/1506491312957.jpg)
If interest rates are raised too far, too soon, it's possible that the RBA will trigger a sharp fall in house prices and prompt the instability Philip Lowe so desperately wants to avoid.
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If interest rates are raised too far, too soon, it's possible that the RBA will trigger a sharp fall in house prices and prompt the instability Philip Lowe so desperately wants to avoid.
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