Key housing market insights from RBA review of Australian financial system stability

A good top-line review by Christopher Joye of the RBA's recent Financial Stability Review (FSR) which is essentially a health-test for Australia's financial system.

Most of the key charts and insights focus on key housing market trends and factors.

Key things for me are:

• that while over 3.5% of all Australian bank business loans are currently "impaired" only around 0.7% of home loans fall into this category
• while just under $2 billion worth of bank home loans are impaired, more than 10x that amount--specifically, nearly $25 billion--worth of business loans are presently impaired
• about 83% of all borrowers are paying away less than 40% of their disposable incomes to meet their mortgage repayments

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