Australian investor home lending tumbles 32% in Q3 as tax curbs and RBA hikes bite harder
A drop in home lending this sharp gives the RBA more proof that its five hikes this year are biting. That supports the case for a pause following November's split decision, and it is a modest headwind for the Australian dollar.
In this article
In today's inflation data news, a drop in home lending this sharp gives the RBA more proof that its five hikes this year are biting, according to investingLive. That supports the case for a pause following November's split decision, and it is a modest headwind for the Australian dollar.
Key points
- The value of new Australian home loans slipped 15.5% in the September quarter.
- Owner-occupier loan values declined a more modest 5.3%, following a 1.9% decline earlier.
- Tax changes, lending caps and five rate increases have all hit Australian property market participants at once.
- The government moved to end negative gearing for established homes acquired following budget night.
Inflation data: the details
Tax changes, lending caps and five rate increases have all hit Australian property market participants at once, and the result is a collapse in landlord borrowing. The value of new Australian home loans slipped 15.5% in the September quarter, almost twice the 8% decline forecasters had expected, as lending to property market participants collapsed in the wake of government tax changes and a year of Reserve Bank of Australia rate increases. Owner-occupier loan values declined a more modest 5.3%, following a 1.9% decline earlier.
The government moved to end negative gearing for established homes acquired following budget night, keeping it only for newly built properties, and also revealed curbs to the capital advances tax discount on established dwellings in the May federal budget.
Why traders are watching inflation data
Inflation figures decide how long central banks keep interest rates high. Hotter-than-expected readings usually lift bond yields and the local currency, while softer data raise hopes of rate cuts.
Price data feed straight into central-bank decisions, which makes them some of the most market-moving releases on the calendar for forex, bonds and stocks.
Market reaction and data
Crypto prices at the time of writing, from Binance spot data (2026-11-11 01:10 UTC):
| Asset | Last price (USDT) | 24h change | 24h high | 24h low |
|---|---|---|---|---|
| Bitcoin (BTC) | 73,412.30 | -2.49% | 75,288.42 | 72,727.27 |
| Ethereum (ETH) | 2,044.48 | -4.17% | 2,133.48 | 2,006.00 |
On the currency side, the latest ECB daily reference rates (2026-11-10) show EUR/USD 1.1214, GBP/USD 1.3423, AUD/USD 0.6904, NZD/USD 0.5628, USD/JPY 158.18, USD/CHF 0.8207, USD/CAD 1.4136, USD/CNY 6.6703. These are reference fixes, not live quotes.
What to watch next for inflation data
Next in focus are the coming inflation releases, central-bank reaction to them and changes in market pricing for future rate moves.
Key scheduled releases on the economic calendar:
- GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
- USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
- USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%
Follow every update in our Top 10 Forex News Today, read More from Fed’s Bowman: Shifts focus to inflation, wants AI and Middle East risks to ease first or see all of today's top market news.
FAQ
What is the latest inflation data news?
A drop in home lending this sharp gives the RBA more proof that its five hikes this year are biting.
Why do inflation numbers move markets?
Inflation data change expectations for central-bank interest rates, and rate expectations drive currencies, bond yields and stock valuations.
Where does this information come from?
This report is based on coverage from investingLive, checked against market data where available. It is a summary for information only and not investment advice.
Risk warning: This article is for information only and is not investment advice. Trading forex, CFDs, stocks and crypto carries a high risk of losing money. Prices move fast – check live quotes before you trade.
