Home prices in Sydney have soared 40 per cent in three years, fuelled by interest rate cuts to historic lows. Photo: Reuters
Home prices in Sydney have soared 40 per cent in three years, fuelled by interest rate cuts to historic lows. Photo: Reuters

Australian banks bow to warnings and tighten loans

Regulators sound alarm bells over rising risks to financial system from Sydney property market

Home prices in Sydney have soared 40 per cent in three years, fuelled by interest rate cuts to historic lows. Photo: Reuters
Home prices in Sydney have soared 40 per cent in three years, fuelled by interest rate cuts to historic lows. Photo: Reuters
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