Australia could soon face a massive collapse in its residential property markets if Harry Triguboff is right about the quandary facing lenders and investors.

The head of Australia’s biggest apartment developer said that the country could soon face a crash in its property market if jittery lenders flinch collectively at the prospect of sliding demand. Harry Triguboff, founder and manager of Meriton, said to Business Spectator that mounting trepidations on the part of Australian…