Oz Blog News Commentary

APRA drops hammer on interest-only mortgages

November 30, 2021 - 10:00 -- Admin

The Australian Prudential Regulatory Authority (APRA) yesterday afternoon released its new “more risk-sensitive” bank capital framework, which incentivises banks to lend to lower-risk owner occupiers rather than higher risk investors: The framework, developed over four years of consultation, will help to ensure Australian banks continue to have the financial strength to withstand future adverse economic

The post APRA drops hammer on interest-only mortgages appeared first on MacroBusiness.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]