CompaniesChanticleerChanticleerIn a funny way, the Commonwealth Bank chief executive is embracing the possible end of the 30-year housing supercycle as a cathartic moment for the economy.It’s the banking equivalent of stepping into the lion’s den waving a giant, juicy piece of steak. Way down on slide 74 of Commonwealth Bank’s full-year profit presentation was the number that was always going to send the market into a frenzy.Since May, investor mortgage loan applications have plunged 28 per cent.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Latest In Financial servicesFetching latest articles
Matt Comyn just turned the housing crash story on its head
In a funny way, the Commonwealth Bank chief executive is embracing the possible end of the 30-year housing supercycle as a cathartic moment for the economy.














