We are now seeing some easing in these pressures, as I will describe in a moment. But to summarise a few of the key facts:  8  BIS central bankers’ speeches  •  Housing prices in Sydney reached a peak annual rate of increase of 18 per cent in mid-2015.
Islamic finance, with its roots in a moral economic model that supports productive economic activity and discourages excessive leveraging and imprudent risk taking, can play an important role in rebuilding the financial system.