EconomyAustralia’s falling house prices may benefit mortgage holders. Here’s why

Australia’s declining house prices could offer mortgage holders an unexpected benefit. Reserve Bank governor Michele Bullock has made clear that the easing property market is on her mind. Lower prices reduce the likelihood that the central bank will raise interest rates again. The RBA board will not be meeting on Monday and Tuesday to discuss ways of supporting Sydney’s house values, underscoring that policymakers are not focused on propping up the market.

Australia housingmortgagesinterest ratesReserve Bank of Australia

TThe Guardian★★★☆☆2026-08-10 15:00Original