Irresponsible lending in regulators' sights amid rising house prices

Capital city house prices are growing at their fastest annual rate in almost seven years, but regulators are taking a close look at irresponsible lending practices. Researcher Corelogic says capital city house prices rose 1.4 per cent, to be nearly 13 per cent higher for the year. Ricardo Goncalves and Matt Connellan reports.

(AAP Source: AAP