House price boom bonus for banks: Moody's

By Colin Brinsden, Aap Economics and Business Correspondent
Updated April 20 2021 - 1:39pm, first published 1:33pm
Mooody's says robust residential mortgage growth will support bank revenues despite low rates.
Mooody's says robust residential mortgage growth will support bank revenues despite low rates.

Australia's strong housing market is a bonus for banks, developers and material suppliers, a global credit rating agency says.

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