Mortgage demand has biggest drop in year

By Colin Brinsden, Aap Economics and Business Correspondent
Updated August 3 2021 - 12:20pm, first published 12:15pm
The RBA, faced with a deteriorating economic outlook, may have to rethink its bond buying program.
The RBA, faced with a deteriorating economic outlook, may have to rethink its bond buying program.

There are further early signs that Australia's housing boom is cooling, with demand for home loans and applications to build homes falling.