Banks Mortgage Risk Low Says RBA’s Bullock

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  • #18088
    Corporal
    Participant

    [article]1055[/article]

    #18092
    Super Harley
    Participant

    This high level of household debt relative to income raises two potential vulnerabilities. First, because mortgage lending is such an important part of bank balance sheets in Australia, any difficulties in the residential mortgage market could translate to credit quality issues for banks . And since all of the banks have very similar balance sheet structures, a problem for one is likely a problem for all.

    Something people forget when they are all the one way – the stock market is a great example and lesson thereto.

    #18098
    TradersCom
    Keymaster

    Australia ANZ Roy Morgan weekly Consumer Sentiment: 116.2 (prior 117.7)

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