Both countries are struggling with surging house prices in their hottest markets, as well as strong demand from foreign investors
Such borrowers are willing to get themselves further in debt to manage greater expenses, according to a new study by Morgan Stanley
APRA’s curbs to interest-only loans may shield these banks from greater damage.
Wayne Byres, the chairman of APRA, said there were still too many loans being granted to high-risk borrowers
The construction boom brought about by perceived shortage could be short-lived.
The bank’s economists say Canada should be viewed as a roadmap to developments in Australia
Using the platform, potential home loan borrowers can tender their requests to brokers and lenders
Governor Philip Lowe is afraid of exacerbating household debt levels