More housing intervention is being considered: APRA
APRA chairman Wayne Byres said a request for banks to make sure they can measure loans being made to high-risk borrowers points to additional tools, such as debt-to-income limits, that the regulator could deploy if it grows more concerned about rising mortgage debt.
In an information paper published last Thursday, the Australian Prudential Regulation Authority set out different “macroprudential” responses to limit bank lending for housing.
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