Moody's: Australian banks face home Flag By: nowmander (More by author: Most viewed, Newest, Most Thumbs) random - Fav + Fav Comment A recent report by Moody's rating agency says Australia's lenders are grappling with the highest concentration of home loans in the world. That is a worry for Australia's economy because, says Moody's, it could see the housing market collapse. Moody's says Australian banks are over-exposed to residential mortgages on homes which appear to be overvalued. It says that if house prices fall, a banking meltdown could ensue. Recommend tagsx -5 Views: 355 Favorited: 0 Submitted: 07/17/2013 Share On Facebook Remove from favorites Add to favorites Unsubscribe from nowmander Subscribe to nowmander Seems you're using adblock :( This site costs a lot of money and time to run. It's also in danger of shutting down since everyone uses adblock and ads are used to pay the bills. You can donate here or just post some quality content.