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6 Oct A 20% house price fall would leave only 5% of mortgages underwater 5 Oct A reflection on the source of domestic inflation - housing 4 Oct The big four banks are losing mortgage market share

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RBA Financial Stability Review

A 20% house price fall would leave only 5% of mortgages underwater

Australian dwelling values are already 5.2% below their peak. Yet the RBA estimates that even a further 20% fall would leave only around 5% of mortgages underwater. The reason lies in Australia's unusually large housing-equity buffers.

Australian Housing Inflation

A reflection on the source of domestic inflation - housing

Housing is now contributing more to Australian inflation than every tradable good and service combined.

Big Four Banks

The big four banks are losing mortgage market share

Australia’s four major banks still dominate home lending, but their grip on the mortgage market has been steadily weakening. APRA’s August 2026 banking statistics show ANZ, Commonwealth Bank, NAB and Westpac together holding $1.83 trillion of housing loans, equivalent to 73.0 per cent of the market.

RBA Financial Stability Review

Six key insights from the RBA Financial Stability Report

Australian banks and mortgage borrowers remain surprisingly resilient. But the RBA's latest Financial Stability Review shows the next generation of financial risks is emerging in private credit, superannuation, AI and critical technology infrastructure.

Bank of Queensland

BOQ is shrinking mortgages to grow its business bank

Bank of Queensland is deliberately changing the composition of its balance sheet — shrinking its mortgage book while putting more capital into business lending. The strategy is now clearly visible in APRA’s monthly banking statistics. In August 2026, BOQ had $50.7 billion of housing loans, down 7.6 per

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Political Data Alerts

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Inflation

Australia’s inflation data now tells two quite different stories

August’s inflation shock came from fuel. But beneath the headline, three-quarters of Australia’s annual inflation contribution remains concentrated in non-tradables.

Job Vacancies

Job vacancies point to a softer private labour market

Australian job vacancies fell again in August, but the headline conceals a sharper decline in private-sector labour demand. Vacancies per unemployed worker have almost halved from their 2022 peak.

CBA

CBA is closing the gap on NAB in business banking

National Australia Bank has traditionally been Australia’s main business bank. For more than two decades, NAB has held a leading position in business lending, supported by a large specialist business banking network and strong franchises in areas such as agriculture, health and commercial property. That leadership remains intact. But

Australian Fuel Inflation

Chalmers Has One Point, Fuel Did Explain More Than 100% of August CPI Rise

One component added more to August CPI than the entire CPI actually rose. The detailed ABS numbers explain how.

AI Investment Boom

The AI investment boom has arrived in the economic data

New US and Australian figures reveal surging investment in AI-related infrastructure. Explore the numbers and what they mean for Australia's productivity.

Macquarie Bank

Macquarie Bank growth: APRA data sharpens CBA capital debate

APRA’s August 2026 banking statistics show Macquarie Bank with $366.2 billion of resident assets, up 22.7 per cent over the past year, compared with growth of 6.6 per cent across the banking system. The expansion is concentrated where Macquarie competes directly with the majors. Its housing

Card Surcharges

Explainer: Why Australia's 23-year card surcharge experiment is ending

Australia deliberately enabled card surcharging in 2003 to improve payment price signals and merchant bargaining power. Twenty-three years later, the RBA has concluded that the system no longer works as intended.

Australian Household Spending

Household spending flat as RBA weighs rate rise in a few hours

Household spending stalled in August after strong gains in June and July. The result gives the RBA some evidence demand is slowing, but underlying spending and inflation remain firm.

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