The House of Representatives Standing Committee on Economics said the next round of its regular scrutiny of Australia's four major banks will take place on 11, 12 and 19 October. The new chair of the committee, Sarah Henderson, said the hearings would be conducted in Canberra "shortly after the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry hands down its interim report, which is due by 30 September 2018. This will provide the committee with an important opportunity to scrutinise the banks on a range of matters including the interim findings of the Royal Commissioner." A study of Australia's housing market by the International Monetary Fund has found that national residential property prices are overvalued by up to 15 per cent. While the IMF considers that high levels of household indebtedness present a risk to the wider economy and the stability of systemically important banks, its findings suggest that average house prices in the September quarter last year were "moderately stronger than economic fundamentals would suggest by some five per cent to 15 per cent", rather than the bubble some property experts have predicted. The fund further qualified its comments as being based on "estimates for national house prices, which leaves the possibility that individual urban areas might be more, or less overvalued".