Australia’s falling house prices are actually a good thing for mortgage holders. Here’s why

The RBA’s governor, Michele Bullock, has made it clear that the ‘easing’ property market is on her mind Get our breaking news email, free app or daily news podcast It’s the silver lining that’s not making headlines: falling home prices means another Reserve Bank rate hike is less likely. RBA board members will not be sitting on Monday and Tuesday discussing ways to prop up Sydney house values. Continue reading...

By Patrick Commins Economics editor