Potential house price drop poses risk for Australian banks: Moody's

By Kate Burke
Updated November 22 2017 - 6:53am, first published 6:50am
Generic photo of ATM's at Southern Cross Station. Australia's big four banks have ditched ATM fees.

Photograph Paul Jeffers
The Age NEWS
24 Sep 2017
Generic photo of ATM's at Southern Cross Station. Australia's big four banks have ditched ATM fees. Photograph Paul Jeffers The Age NEWS 24 Sep 2017
Banks. banks side by side in Brisbane's Queen Street mall. fir  generic. banks, nab, national bank, st george, atm, banking. AFR Picture by Robert Rough, 1 April 2005. SPECIALX 35069
Banks. banks side by side in Brisbane's Queen Street mall. fir generic. banks, nab, national bank, st george, atm, banking. AFR Picture by Robert Rough, 1 April 2005. SPECIALX 35069

A slump in house prices coupled with an increase in household debt could spell trouble for Australian banks, according to a leading credit rating agency.

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