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APRA's lending limits 'weak', says SQM

Nick Lenaghan
Nick LenaghanProperty editor
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Tighter rules on home lending announced on Friday are "weak" and will do nothing to stop runaway price growth in Sydney and Melbourne, according to SQM Research's Louis Christopher.

Among the measures unveiled by the Australian Prudential Regulation Authority are a limit on the flow of new interest-only lending to 30 per cent of total new residential mortgage lending,

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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
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    Original URL: https://www.afr.com/real-estate/apras-lending-limits-weak-says-sqm-20170330-gvakjd