SUBSCRIBERS

RBA may leave rates on hold as Sydney house prices soar

Securities regulator looks at mortgage standards as household debt surges

Published Mon, Mar 6, 2017 · 09:50 PM

Sydney

PHILIP Lowe has some high-powered backing if he leaves interest rates on hold on Tuesday as widely expected.

Days after the Reserve Bank of Australia (RBA) governor signalled that rate cuts weren't in the national interest amid record household debt, the securities regulator said it was looking at mortgage lending standards across the banking sector.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here