Browsing Tag
ration
1 post
APRA moves to ration credit for home lending — but it’s not about affordability
The regulator has moved to tighten lending criteria but that will do little for housing affordability and nothing for equality. (Image: AAP/Lukas Coch)Prudential regulators moved this morning to tighten "macro-prudential" controls on lending -- the Australian Prudential Regulation Authority lifting from 2.5% to 3% the interest buffer it wants banks to use when assessing how…
October 6, 2021