Why the RBA will struggle to rein in housing activity

The lure of the commission structure on housing loans will frustrate the RBA's attempts to cool the property market.

It’s not going to be easy for the Reserve Bank to curb housing activity because about a quarter of the new loans come from well-rewarded brokers who will continue to push hard to get deals done.

And sometimes they will be tempted to dress mutton up as lamb as they sell the virtues of the home borrower to banks.

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