In my address to you this afternoon, I will expand on the role of the South African Reserve Bank, particularly with respect to the consumer, and, in line with the theme of the conference, I will highlight our efforts to ensure full accountability. 2.
Even so, this doesn’t mean that supply-side issues have not had an important bearing on the housing sector. This point was made in research published in one of the Bank’s Bulletin articles last year.5 Many public reports and the Bank’s own liaison with industry participants pointed to a range of supply-side impediments in the Australian housing market.