You are here

Aussie regulator caps new interest-only lending at 30% of total home loans

But analysts say more steps needed to combat housing mania

Sydney

AUSTRALIA'S banking watchdog on Friday launched a new salvo in its battle against speculative home lending and explosive house prices, though analysts were far from convinced the war was yet won.

The Australian Prudential Regulatory Authority (Apra) asked banks to limit new

sentifi.com

Market voices on:

Powered by GET.comGetCom