Will Macquarie burst Australia’s banking bubble?

Will Macquarie burst Australia’s banking bubble?

From The Fin by Australian Financial Review

June 10, 2026 · 30 min · Season 5 · Episode 21

About this episode

The episode discusses the impact of Macquarie on Australia's banking sector and the potential bursting of the banking bubble.

Associate editor Joyce Moullakis and Chanticleer columnist James Thomson on how Macquarie crashed the big four bank’s mortgage party, why deposits are next and whether the banking bubble is about to pop. This podcast is sponsored by Aussie Broadband . Further reading: Macquarie banks on tech nerds to smash big four’s mortgage oligopoly When it came to building up its retail banking business, the Silver Doughnut has taken inspiration from America’s tech giants – not its banking rivals at home. The bank bubble is popping. An AI winter may be coming next Bank stocks have quietly slipped into a correction as the sector is suddenly hit by structural pressures. AI-driven cuts may be the answer to holding the line. The budget killed our property super cycle. What comes next? The way the budget has deliberately blown up the 30-year housing super cycle raises uncomfortable questions about Australia’s economic future. See omnystudio.com/listener for privacy information.

People in this episode

Host: Joyce Moullakis

Guest: James Thomson

Topics covered

  • banking bubble
  • mortgage market
  • Macquarie
  • economic future
  • AI impact
  • property market

Keywords

  • Macquarie
  • banking bubble
  • mortgage
  • deposits
  • AI
  • property super cycle
  • economic future

Sponsors

Aussie Broadband

Mentioned in this episode

Organizations: Macquarie, big four, AI

Places: Australia

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