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National house prices fall as the Reserve Bank keeps rates on hold

New rules by the banking regulator to tighten the way Australia's banks lend money for homes are working to cool the property market.

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National house prices fall as the Reserve Bank keeps rates on hold

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New rules by the banking regulator to tighten the way Australia's banks lend money for homes are working to cool the property market - with prices across the country falling.

It comes as the Reserve Bank kept official interest rates on hold at 2 per cent.

SBS Finance Editor Ricardo Goncalves reports.

(Click on the audio tab above to hear the full report)

 


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