Reserve Bank says increasing home loan competition could risk financial stability

By Clancy Yeates
Updated August 28 2014 - 7:08am, first published 12:15am
A new submission from the Reserve Bank has cautioned against policies that could boost competition in home loans. Photo: Frances Mocnik
A new submission from the Reserve Bank has cautioned against policies that could boost competition in home loans. Photo: Frances Mocnik

The Reserve Bank has warned that moves to unleash more home loan competition could increase risk in the financial system, by pumping even more credit into the housing market.