期刊名称：Financial Stability Review / Reserve Bank of Australia
印刷版ISSN：1449-3896
电子版ISSN：1449-5260
出版年度：2005
卷号：SEP
出版社：Reserve Bank of Australia
摘要：The rapid growth in housing debt
over recent years is largely accounted
for by an increase in average loan
size. For example, since 1996 the
average new owner-occupier housing
loan has more than doubled in size
from $99 000 to $215 000, and
the ratio of the average new loan
to average household income has
increased by 50 per cent (Graph A1).
These outcomes largely refl ect the
fall in nominal interest rates that was
associated with Australia’s return to
low infl ation in the early 1990s, and a
relaxation of banks’ lending criteria.
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