ASX suffers worst week since April, mortgage lending tumbles | Finance Report | ABC NEWS
The Australian share market fell 1.6% this week, its steepest weekly loss in four months, weighed down by major banks and miners.
New figures from the Australian Bureau of Statistics reveal a big drop in home lending — especially for property investors — since the Reserve Bank’s interest rate hikes and the federal government’s changes to capital gains tax and negative gearing.
Presented by David Chau.
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Read more here: https://www.abc.net.au/news/2026-08-14/asx-markets-business-live-news-august-14-2026/107036290
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